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In the wake of the Fed’s juicy 50 bps interest rate cut, the dollar responded immediately by dropping against gold. With more rate cuts on the way, Israel’s war expanding rapidly, and inflation ready to rip higher, new record prices are on the way for the yellow metal.
In a stunning show of arrogance, Canada’s Minister of Finance took to X/Twitter to gloat about being the first G7 country to begin cutting interest rates. Chrystia Freeland declared victory over national economic hardship by noting that the country’s central bank led the entire developed world with lower rates, displaying a flabbergasting combination of economic […]
The war in the Middle East continues to escalate, threatening the entire region with an all-out conflict that, should it boil over, is almost certain to lead to heavier US involvement. All eyes are on Israel and Iran. Meanwhile, as the presidential election nears, the Fed and other central banks are desperate to cut rates […]
Last week Scott Melker interviewed Peter on The Wolf of All Streets podcast. They have a friendly discussion about Bitcoin’s future, the differences between gold and crypto, and the overlap in the crypto and precious metals movements.
