Central Banks' Dilemma: Celebrating Too Soon on Inflation?
While inflation has decreased in many developed countries, approaching central banks' 2% targets, experts warn against premature celebration. Historical examples, like the 1970s U.S. inflation resurgence, demonstrate that inflation can unexpectedly return after periods of apparent stability. Factors such as monetary policy changes, political pressures, and external shocks can quickly reignite inflationary pressures, suggesting caution is warranted in declaring victory over inflation.
Precious Metal Breaks Records: Gold Futures Reach New Peak
Gold futures have reached a new record high, surpassing $2,729 per troy ounce on the New York Mercantile Exchange. The precious metal's price has increased by over 3% in the past week, driven by geopolitical tensions and economic uncertainty. Experts predict further gains, citing factors such as the weakening US dollar and global demand for a stable store of value.
Gold Shatters $2,700 Ceiling as Global Tensions Fuel Safe-Haven Rush
Gold prices surged past $2,700 per ounce for the first time, driven by safe-haven demand amid geopolitical tensions and expectations of monetary policy easing. The precious metal's rally is fueled by uncertainty surrounding the U.S. presidential elections and ongoing conflicts in the Middle East, with analysts noting strong speculative interest from Asian markets.
Insider Alert: Mike's Making Moves
Mike Maloney has been patiently waiting on the sidelines, carefully analyzing the markets. Now, he's finally made his move.
30 Sec To Midnight: "Stock Insiders Are Selling, I'm Buying SILVER" | Mike Maloney
In this urgent “30 Seconds To Midnight” update, Mike Maloney breaks down why we’re on the brink of the biggest financial collapse in history