Bond King Jeffrey Gundlach: Gold Headed to $4,000

DoubleLine CEO Jeffrey Gundlach, often called the “bond king,” has reinforced his bullish stance on gold, predicting the precious metal will reach $4,000 per ounce. This forecast comes as gold recently surpassed the $3,000 milestone for the first time. Gundlach has maintained this positive outlook for several years, dating back to when gold was trading around $1,800. While he’s hesitant to commit to a timeline for reaching $4,000 this year, he bases his prediction on technical analysis of gold’s previous price consolidation patterns. Additionally, Gundlach highlighted the significant acceleration in central bank gold purchases, which he described as following a […]

Consumer Confidence Crashes to 29-Month Low as Tariff Worries Mount

Consumer sentiment in the US has plummeted to a 29-month low of 57.6 in March, down from 64.7 in February, according to the University of Michigan survey. The post-election optimism has vanished as Americans worry about inflation from President Trump’s tariffs and uncertainty around economic policies. Expectations for the next six months dropped sharply to 54.2 from 64.0, reaching a level not seen since mid-2022. Even Republican confidence has declined by 10% despite initial post-election enthusiasm. The stock market has responded negatively to the tariffs and recession concerns, while inflation expectations have hit a 29-month high.

Century-Old Dow Theory Signals Stormy Weather Ahead for US Stocks

A century-old market indicator called the Dow Theory is signaling trouble ahead for stocks. The theory states that movements in the Dow Jones Industrial Average must be confirmed by transport stocks to be sustainable. Currently, the Dow Jones Transportation Average has fallen 19% from its November peak, nearing bear-market territory, while the Industrial Average is down 9.3% from its December high. This bearish signal comes amid worrying forecasts from airlines and retailers citing weak demand, and growing concerns about the impact of the Trump administration’s tariff policies on inflation and economic activity.

Unprecedented Territory: Gold Exceeds $3,000 Amid Tariff Threats and Safe-Haven Demand

Gold has broken the $3,000 per troy ounce barrier for the first time, peaking at $3,017.10 during European trading. This record surge stems mainly from uncertainty over U.S. trade policies, highlighted by President Trump’s threat to impose 200% tariffs on European alcoholic beverages. The rally is further supported by anticipated Federal Reserve rate cuts, strong central bank buying (exceeding 1,000 metric tons yearly since 2022), and growing global tensions, including the Ukraine conflict and Europe’s increased defense spending plans.

Oil Markets Stabilize Despite IEA Warning of Global Oversupply

Oil prices rebounded on Friday with Brent crude up 0.77% to $70.42 and WTI up 0.87% to $67.13, recovering from the previous day’s losses. The recovery stems from diminishing hopes for a quick end to the Ukraine conflict after Russian President Putin expressed only conditional support for a U.S.-proposed ceasefire. Additional factors influencing prices include the expiration of a U.S. license for energy transactions with Russian financial institutions, Chinese state firms reducing Russian oil imports due to sanctions risks, and the International Energy Agency’s warning of potential global oil oversupply of 600,000 barrels per day this year.

Economists Predict September Rate Cut as Fed Navigates Trump’s Trade Policies

The Federal Reserve is expected to maintain current interest rates through the first half of 2025 before implementing two rate cuts beginning in September, according to a Bloomberg News survey of economists. President Trump’s trade policies have created uncertainty, causing economists to lower growth forecasts while raising inflation projections. New tariffs on major trading partners like China, Canada, and Mexico have unsettled financial markets and raised concerns about potential stagflation—a combination of slowing economic growth and persistent inflation.

Gold Touches $3,000 as Global Uncertainties Drive Investor Flight to Safety

Gold prices have broken the $3,000 per ounce barrier for the first time, reaching $3,004.86 on Friday – marking the thirteenth record high of 2025. The 14% price increase this year follows a 27% surge in 2024. Analysts attribute this rally to geopolitical tensions, inflation concerns from new tariffs, central bank buying, and investors seeking safe-haven assets amid market volatility and trade tensions with China and Canada following President Trump’s protectionist policies.

Dr. Doom’s Warning: Marc Faber Tells Investors to Prepare for Market Exodus

Marc Faber, the Swiss investment expert famously known as “Dr. Doom” for his consistently bearish market outlooks, has issued a stark warning to Indian retail investors during a recent NDTV Profit interview. Faber explicitly advised investors to “get out” of equities if markets show any signs of rebounding, suggesting this would be their opportunity to exit before further decline. His gloomy forecast extends beyond India, predicting that bear markets worldwide could persist for “several years” rather than being short-term corrections. Faber also highlighted a particular concern about inflation, warning that it could create a dangerous illusion where investments appear to […]

Gold Surpasses $3,000: But Experts Warn of Correction Risks

Gold has reached a historic milestone of $3,000 per ounce, with futures hitting $3,007.50 and the SPDR Gold ETF closing at a record $275.13. Major financial institutions like J.P. Morgan, Goldman Sachs, and BlackRock remain bullish, with BNP Paribas forecasting prices to reach $3,100 in Q2 2025. However, investors should be cautious as the metal may be overvalued after setting numerous records this year and experiencing its best performance in over a decade, potentially making it vulnerable to corrections as early investors might sell to lock in profits.

Global Uncertainty Pushes Gold to Historic $3,000 Milestone

Gold has surpassed $3,000 per ounce for the first time, continuing its strong performance with over 14% gains this year. Investors are turning to gold as a safe haven amid escalating trade tensions, including Trump’s threats of 200% tariffs on European alcohol imports, stock market volatility, and anticipation of potential Federal Reserve rate cuts.