Inflation Spreads Fear in the Market

Since last week: Inflation rose, and along with it, so did rate hike chances. All of this as gold prices plunge.

1. The Terror of Inflation

Traders experienced a fright this week when inflation numbers came in showing that prices rose. This makes it that much more likely that there will be another rate hike in December, even though the Fed elected to hold rates steady for now. You can learn how to prepare for what’s to come by clicking here. 

2. Gold Falls

More fear rattled the markets as gold and silver prices tumbled while continued violence in Iran pushed oil prices higher. Gold has now fallen below $4000, leaving traders watching closely to see whether $3900 establishes a new floor or prices continue sliding. Click here to learn what you should be buying to take advantage of the temporary weakness.

3. DOE Commits Up to $5 Billion 

The Department of Energy recently announced a conditional loan commitment of up to $5 billion to Constellation Energy to expand nuclear generating capacity at eight of its power plants. Tech giants including Google, Amazon, and Meta have already secured agreements for much of the additional power to support their data centers. News like this shows why uranium prices have been so resilient. Click here to learn more about what small-caps you should be buying to profit. 

4. AI Comes for Mining

The market has been cooling on AI-related investment as traders worry about spending, but one AI stock that goes hand-in-hand with the mining industry is set to be a winner. It can streamline the discovery process and make sense of decades-old records in a fraction of the time it would take a geologist to do the same. Not many know about this company now, but it could soon become a household name in the sector. Click here to learn more about it.

What to Look For

Watch to see if gold prices recover and how this unpredictable environment will affect the interest rate decision.

Keep your eyes open,

Ryan Stancil

Ryan Stancil
Editor, Bizarro World