In a period that crushes financial assets and currencies, investors need to own the king of all commodities: gold.
The stock market is a casualty in the Fed’s fight against inflation. Will the entire economy follow? If so, will the Fed make a dovish pivot?
As global food and commodity prices surge, nations are turning inward to protect their own food security. For emerging economies, inflation has a particularly nasty bite.
When public debt starts hitting the tens of trillions, governments only have one option: inflate it away. Sorry citizens!
Individual investors are relentlessly “buying the dip,” yet stocks continue to tumble. Maybe it’s time to abandon the risky bets and get into something real?
WWIII looms, equities are getting clobbered, and investors are stacking up on cash. Cash redeployment will be a powerful force.
The U.S. financial markets rest on how much investors trust the almighty Fed. Can they engineer a soft landing after so many egregious miscalculations and deteriorating credibility?
The changing world order comes with a new battle between financial assets, and commodities are winning.
The yield curve just inverted, a signal that has accurately predicted 10 out of the last 10 recessions. As investors exit the bond market, where will they go?
Macroeconomic and geopolitical risks are stimulating interest in gold, but the mass money transfer is only just beginning.
The U.S. stock market surges higher as investors refuse to look at alternatives, even as the government risks defaulting on its debt and jeopardizing the U.S. dollar.
- Gold turned around at $1,834 for the 4th time but has maintained its short-term bullish pattern of higher lows.
- Physical gold demand is surging in India and China (gold’s two largest consumer markets) after a slow summer, which could boost returns this month.
- Treasury Secretary Janet Yellen urged Congress to raise the debt limit as soon as possible, or risk irreparable damage to the United States’ credit rating and currency.
After surging past several resistance points on its climb to $1,900, gold continues to shine in a financial ecosystem wrought with volatility.
- Hedge funds, money managers, and retail investors are starting to rotate back into gold as cryptocurrencies falter and the stock market gives warnings of an inflection point.
- This safe-haven demand is reminiscent of the forces that pushed gold to its all-time high in August 2020.
- The other flagship precious metals – silver, platinum, and palladium – are also showing strength as rising commodities prices underpin gold’s bullish performance.
Gold is continuing its short-term bullish pattern as year-over-year consumer inflation reached a shocking 4.2%.
- Gold is up $30 since last week, showing steady gains off its double bottom in March.
- Yesterday, the U.S. Bureau of Labor Statistics reported a 4.2% increase in prices year-over-year, surpassing expectations and prompting a 3-day stock market selloff.
- The U.S. Dollar Index bounced off 90 and remains half a point below last week’s level.