Goodbye, Powell! Amid domestic and global uncertainties, Kevin Warsh officially took over the Fed on May 22. He said at his inauguration ceremony that he would “lead a reform-focused Fed” and emphasized his commitment to taming inflation. Today, with oil prices still hovering around $100, Warsh faces huge challenges. The whole market is watching how…
Tag: forex
How Will the US-Iran War End, and What’s Next for Markets?
Markets finally got some good news. Stocks, gold, and silver are rallying because both the U.S. and Iran are showing signs of easing tensions. Trump said he may withdraw troops within “two to three weeks,” claiming that “the objective has been achieved.” Meanwhile, Iranian President Pezeshkian stated that they have a “genuine willingness to end…
Oil Prices Surge: Watch These Two Opportunities
Stocks sank again. Did something happen again? According to Radio Canada International (RCI), on the 12th day of the U.S.–Iran war, at least three ships were attacked in the Strait of Hormuz. Wasn’t the United States supposed to escort ships? Where are they? If the situation gets out of control and oil prices keep rising,…
The US–Iran War: Go Long This Asset
T he opportunities are not limited to gold and oil. In fact, another asset may be a more certain and longer-lasting opportunity.
Will Gold End US Dollar Dominance?
Gold had quietly gone over $5,600 on Thursday, though a correction inevitably occurred and the price fell below $4,900. However, the trend in gold has not been reversed. This hard currency, the strongest in the history of human trade, has been incredibly strong these years. People once dismissed gold as a “non-interest-bearing asset not worth…