Categories: General Market Commentary
Topics: General Market Commentary- DPC

Gold's Wild Week

Since last week: The Fed made its intentions known and the market responded accordingly. 

1. Gold Breaks Out, Then Pulls Back

Gold had a wild week. Its price jumped from $5000 per ounce to just over $5500 before pulling back. Anyone who thought the gold rally had passed them by now has a chance to buy in before things heat up again. Click here to learn more about one of the best ways to take advantage of the gold bull market. 

2. Silver Hits 100

Silver had a similar story this week. It started around $104 per ounce and got as high as $121 before pulling back. Rapid ascension that leads to profit taking opens the window just a bit wider for anyone still waiting to get in. But you don’t want to wait too long to act. Click here to learn about some of the best names to buy in the space. 

3. The Fed Pauses Rates

The Federal Reserve decided to pause rates after a series of cuts due to continued uncertainty. Commodity price rises were one result of that, and the Fed’s outlook is why things will continue to trend in that direction. Click here to learn about investment strategies that will continue to help you navigate market turbulence.

4. The CLARITY Act

Recent legislation known as the CLARITY Act is in limbo, with support fractured following amendments. The status of this piece of legislation, initially introduced to provide regulatory guidance, could be part of the reason why Bitcoin prices have largely stalled. Learn more about this news and what it means for cryptocurrency investors by clicking here.

What to Look For

The world monetary order is changing and commodity investors will continue to benefit.

Keep your eyes open,

Ryan Stancil
Editor, Daily Profit Cycle