Powell's Gift to Crypto and Commodity Investors

Since last week: The Fed said interest rates are staying where they are. That sent ripples throughout the market that enriched commodity and crypto holders. 

1. Bitcoin is Back

Bitcoin has swung wildly to the upside the past few days with its price surpassing $100,000 for the first time since January. These kinds of wild price swings are exactly what it’s known for and investors can make massive gains because of it. It’s also why Bitcoin is becoming common in more investment portfolios, even among traders who never paid attention to it previously. Gerardo Del Real is one of those traders. Click here to see why he finally bought some Bitcoin and how he stands to profit.

2. The Fed and Gold

The Federal Reserve elected to keep interest rates right where they were as they issued a warning about possible economic troubles ahead. This caused traders to flee to gold as a haven, which made the price rise. If that warning comes to pass, the price will only continue to rise. Click here to learn more about which gold miners to invest in for the best profit potential. 

3. Google Backs Nuclear

Google signed an agreement to help fund the development of three nuclear reactors. The deal was made with a company called Elementl Power and the reactors in question would generate 600 megawatts of power each when brought online. This is part of the company’s plan to stay in the AI race, but the energy is the money maker. Uranium miners will be the big winners in this booming market. Click here to learn more about which companies you should be buying into. 

4. Commodities Inflate

Inflation is dropping but Trump’s trade war is poised to inject new life into it, and prices will likely start rising sooner than later. This is going to hurt purchasing power and retirement accounts, but commodity prices will be big winners. You can offset the losses by buying into some of the commodity names set to win big. Click here to learn which commodity companies are set to bring in the profits as inflation resurges. 

What to Look For

Consumers may really start seeing the effects of tariffs in the coming weeks, so watch for that and how it will affect the markets.

Keep your eyes open,

Ryan Stancil

Ryan Stancil
Editor, Daily Profit Cycle