UBS: Gold to Hit $3,100/oz by Year-End

UBS Investment Bank, through analyst Joni Teves, has significantly raised their gold price forecast to $3,100/oz by year-end 2025. While the fundamental narrative around gold hasn’t changed dramatically, the potential for upside growth has increased substantially. Teves explains that investors are flocking to gold primarily due to the combination of slowing economic growth prospects and higher inflation expectations. She emphasizes that gold presents a compelling case as a portfolio diversifier in the current environment, which features multiple overlapping risks – from economic growth concerns to geopolitical tensions and inflation pressures. This bullish outlook comes amid increased market interest in precious […]

Recession Fears Mount as Trump’s Tariff Policies Reshape Economic Landscape

Economic experts are increasingly warning about recession risks in the US economy two months into Donald Trump’s presidency. Major financial institutions have significantly raised their recession probability estimates—JP Morgan now forecasts a 40% chance (up from 30%), Moody’s Analytics projects 35% (up from 15%), and Goldman Sachs has increased its estimate to 20% (from 15%). These assessments come as the S&P 500 has fallen to its lowest point since September, reflecting growing investor concern. The market instability primarily stems from Trump’s implementation of tariffs on imports from America’s three largest trading partners, with threats of more to come. Despite inflation […]

Brent Rises Above $70 as US Cuts Global Oil Surplus Predictions

Oil prices rose on Wednesday, with Brent crude climbing above $70 per barrel and West Texas Intermediate reaching around $67. Two main factors supported this increase: First, the US Energy Information Administration significantly lowered its forecast for global oil oversupply. The agency reduced its prediction for 2025 and cut its 2026 surplus outlook in half, based on expectations that Iran and Venezuela will produce less oil. Second, February’s US inflation report showed consumer prices rising at their slowest pace in four months. This positive economic news boosted investor confidence in riskier assets like oil after months of disappointing inflation data. […]

US Inflation Eases to 2.8% in February, but Trade War Threatens Future Price Hikes

US inflation cooled more than expected in February, with the Consumer Price Index rising 2.8% annually (down from January’s 3%) and 0.2% for the month (down from January’s 0.5%). This improvement came largely from flat grocery prices and falling gas costs, while egg prices still rose 10.4% for the month but at a slower pace than January’s 15.2% increase. Core inflation (excluding food and energy) also slowed to 3.1% annually. Despite this positive news, economists warn this cooling may be temporary as President Trump’s expanding trade war and tariffs on Chinese, Canadian, and Mexican goods are expected to push prices […]

Dollar Hovers Near Five-Month Low as EU Unveils $28 Billion in Retaliatory Tariffs

The U.S. dollar remained weak on Wednesday, hovering near its lowest point in five months as traders responded to growing trade conflicts and changing geopolitical situations. In response to new U.S. tariffs on steel and aluminum, the European Union plans to impose its own tariffs on $28.39 billion worth of American goods starting in April. This back-and-forth tariff battle has raised fears about a wider global trade war. The euro dropped slightly to $1.0902 after reaching $1.0947 on Tuesday—its highest level in five months. This strength came from two factors: Ukraine agreeing to a U.S.-suggested 30-day ceasefire with Russia and […]

S&P 500 Nears Correction as Trump’s Tariff Reversals Rattle Markets

The S&P 500 approached correction territory Tuesday, closing at 5,572.07 after a volatile session driven by concerns over President Trump’s tariff policies. Investors are grappling with uncertainty after Trump initially announced a 50% tariff on Canadian steel and aluminum imports, only to revert to the planned 25% rate hours later when Ontario’s Premier backed down from implementing a surcharge on electricity exports. Despite the negative market sentiment, Morgan Stanley’s Andrew Slimmon suggests the selloff creates buying opportunities, stating, “I don’t think the goal of the administration is to drive the economy into recession.” The market volatility index has surged about […]

Treasury Yields Rise as Softer Inflation Data Eases Economic Concerns

Treasury yields rose Wednesday after milder-than-expected inflation data eased concerns about economic stagnation. The 10-year yield increased by 4 basis points to 4.328%, while the 2-year yield rose over 5 basis points to 3.999%. February’s Consumer Price Index showed a 0.2% monthly increase (2.8% annual rate), below economists’ forecasts of 0.3% monthly and 2.9% annually. Core CPI also came in lower at 0.2% monthly and a 3.1% annual rate. This cooler inflation reduced immediate stagflation worries amid concerns about tariff impacts. Goldman Sachs analyst Kay Haigh suggests the Fed will likely keep rates at 4.25%-4.50% this month, but may soon […]

There’s Only 0.04% of USA’s GOLD Left. Can Trump Buy it Back For $42?

In Mike’s explosive new video, he uncovers a startling revelation that’s been hidden in plain sight: a staggering 99.96% of America’s gold reserves aren’t truly “owned” by the nation — they’re pledged to the Federal Reserve.

Where Your Dollar Is Shrinking: Key Categories Driving Persistent Inflation

Despite February’s Consumer Price Index showing a slight cooling to 2.8% year-over-year and 0.2% month-over-month, Americans continue to experience significant inflation in everyday essentials. Food prices remain particularly challenging, with eggs seeing a dramatic 59% annual increase, now costing $5.90 per dozen compared to $2.99 a year ago. Other breakfast staples like coffee and bacon have also risen, while meat prices continue upward with ground beef increasing 2.7% to $5.96 per pound. Restaurant dining is 3.7% more expensive than last year. The healthcare sector shows no relief, with medical services up 3% annually and specific categories like home healthcare surging […]

February Inflation Cools to 2.8%, Beating Economist Forecasts

U.S. inflation rose less than expected in February, with the Consumer Price Index (CPI) increasing 0.2% for the month, bringing the annual inflation rate to 2.8%. Core CPI, which excludes food and energy, also rose 0.2% monthly and 3.1% annually. These figures came in 0.1 percentage point below economist forecasts, providing some relief amid concerns about potential tariff impacts on future inflation. Housing costs, which make up more than one-third of the CPI calculation, rose 0.3% and accounted for approximately half of February’s overall inflation increase. Food and energy indexes both rose 0.2%, while used vehicle prices jumped 0.9% and […]