In this Daily Editorial, I’m joined by Mike Larson, Editor-in-Chief at MoneyShow, to dissect what’s moving the markets. With oil spiking back into its multi-year price range and gold consolidating near record highs, Mike walks us through the interplay of geopolitical risk, central bank policy, and investor sentiment.
Key discussion topics:
- Oil rebounds on Israel-Iran conflict: Crude jumps from $67 to $75 as tensions escalate. Mike explains why the market remains balanced, not overheated, thanks to U.S. supply strength and strategic OPEC+ maneuvering.
- Gold’s leadership and the broadening metals rally: Gold remains strong, but silver, platinum, and copper are joining the move. Mike outlines why the rotation across metals is a sign of deeper institutional interest, not just safe-haven buying.
- Macro market limbo: With the S&P 500 hovering around 6,000 and little Fed action expected until fall, Mike explains why investors are still stuck in a “wait and see” mode watching for real policy movement from DC or further global catalysts.
- Trade deals and tariff noise: Despite headlines, Mike argues that many recent “deals” are more political theater than substance, leaving global markets largely unchanged.
Plus, Mike shares how new investors, many coming from crypto and tech, are starting to show interest in metals and miners, marking a possible shift in capital allocation.
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