Are Gold Prices Going Higher Or Lower From Here?

Gold Prices Received a Further Boost This Week After the Producer Price Index

One of the primary catalysts behind the explosive move higher, came after the hotly anticipated U.S Consumer Price Inflation reading rose less than expected in October – boosting expectations that supersize rate hikes are likely now in the rear view mirror.

Last week’s cooler-than-expected Consumer Price Inflation data offered some relief to the Fed, potentially indicating that October could be the start of a disinflationary trend that lasts through next year.

The Producer Price Index – rose 8% in October compared to an 8.4% increase in September.

While still historically high, it was the smallest increase since July of last year and significantly better than forecasts. This is the second back-to-back inflation report this month to show signs of cooling in the rising prices that have plagued the economy.

The producer index is generally considered a good leading indicator for inflation as it gauges pipeline prices that eventually work their way into the marketplace. PPI differs from the more widely followed consumer price index as the former measures the prices that producers receive at the wholesale level while CPI reflects what consumers actually pay.

For most of this year, the Federal Reserve has been aggressively raising interest rates in hopes of bringing down inflation. The central bank has increased its benchmark borrowing rate six times for a total of 3.75% – including four straight 75-basis point rate hikes.

Following this week’s data Traders have started pricing in a strong possibility that the Fed will only hike rates by half a percentage point in December. Wagers are also increasing that the Fed will downshift the pace of rate hikes even further to a quarter percentage point increases by the first-half of 2023.

That view seems to be shared by Federal Reserve Vice Chairman Lael Brainard who said this week that “if the economic data continues to show inflation is on the decline, then the central bank could scale back the extent of its future rate hikes”.

Gold Price Forecast Video for November 16, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Commodity Prices Score Biggest Weekly Gain Since 1960 – What’ Next

Potential Big Moves Ahead, as Traders Focus On U.S PPI Data and the UK Autumn Statement

So far this quarter, a total 27 Commodities ranging from the metals, energies to agriculture have tallied up astronomical double-digit single day gains – not once, not twice, but on multiple occasions – outperforming every other asset class out there.

Just take last week for example – every possible commodity imaginable from Aluminium, Copper, Palladium, Platinum, Gold, Silver, Lumber, Zinc, Crude Oil to Natural Gas prices surged following Thursday’s U.S Consumer Price Inflation data – with a long-list chalking up spectacular gains of 10% or higher – literally in a single day!

The exact same thing happened in the previous week, following the U.S employment report. And yes, you guessed it – the week before that too following the Bank of Japan’s currency intervention.

As a result, there’s really nothing historical you can point to for what’s going on in markets today. We are routinely seeing Commodities across the sector whip up spectacular back to back gains of 10% or higher, almost on a weekly basis – fuelling an era of enormous wealth creation like we have never seen before.

Last week’s cooler-than-expected Consumer Price Inflation data offered some relief to the Fed, potentially indicating that October could be the start of a disinflationary trend that lasts through next year.

The headline Consumer Price Index rose less than expected – boosting expectations that supersize rate hikes are likely now in the rear view mirror. This week’s hotly anticipated U.S Producer Price Inflation reading will either boost or dampen expectations of a possible Fed “pivot” away from an aggressive interest rate hikes.

Elsewhere, this week all eyes will be on the UK Autumn Statement. After the disastrous “mini-budget” in September, which subsequently forced The Bank of England to revert back to unprecedented “Quantitative Easing” measures – this week’s Autumn Statement is already gearing up to be a major market-moving event, that traders will not want to miss.

Despite short-term UK borrowing costs stabilising since the market meltdown seen in late September, the Chancellor will need to present plans to address the 55 billion pound “black hole” in Government finances.

Should the Chancellor’s fiscal plan fail to instil confidence, then we could be on for a repeat of September announcement, which sent a long-list of commodities surging to multi-month highs – registering their biggest one-day move this year.

Commodity Price Forecast Video for the Week of November 14 to 18, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Will U.S Inflation Data Make Or Break Gold’s Explosive Run?

No One Expected the Fed to Be Able to Smother Inflation Swiftly

With the Employment Report now in the rear-view mirror, U.S Consumer Price Inflation data is hotly anticipated to be the next big market-moving event that traders will not want to miss.

After several months of rapid-fire interest rate increases – including four straight 75-basis point hikes – the central bank has barely made a dent.

As a result, we are now witnessing a pivotal shift in market sentiment. Traders are no longer afraid of the Federal Reserve’s aggressive interest rate stance with compelling evidence signalling that policymakers are spinning their wheels and hardly even getting close to bending the curve on inflation.

Just in case you needed any proof of a shift in market sentiment, then look no further than Friday’s U.S jobs report.

The better-than-expected reading should have sent the commodity markets tanking – but in fact it did the complete opposite. Over 27 Commodities ranging from Aluminium, Copper, Palladium, Platinum, Gold, Silver, Lumber, Zinc, Crude Oil to Natural Gas prices skyrocketed to multi-month highs – with many notching up spectacular gains of 10% or higher in a single day alone.

And this is not the first time.

Throughout this year, we have seen a number of Commodities racking up impressive double-digit gains in a single day – not once, not twice, but on multiple occasions – and that’s one of the most exciting hallmarks of the current Commodities Supercycle.

Looking ahead, more big moves could be on the horizon as traders shift their attention to Thursday’s U.S Consumer Price Inflation data. Unsurprisingly, the reading is expected to top forecasts again for another straight month in a row.

On a month-over-month basis, the core measure is projected to rise 0.5%, matching the average pace since October of last year and indicating the Fed has made little progress arresting rampant inflation with its series of super-sized rate hikes.

Gold Price Forecast Video for November 9, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Commodity Prices Surge As Inflation Shows No Signs of Easing – What’s Next?

A Strong Job Market Suggests the Economy Is Overheating

Commodity prices surged to fresh multi-month highs amid growing confidence that policymakers across the world have already lost the battle against inflation and no matter what actions they take now, it will be nowhere enough to tame rampant price pressures.

Data released on Friday, showed U.S payrolls grew by a more-than-expected 261,000 jobs last month and hourly wages also continued to rise.

There are currently 1.9 jobs for every one person looking for work, a margin that the Federal Reserve worries is keeping inflation uncomfortably high. With plenty of options, workers are demanding higher wages. This in return is continuing to bolster demand for goods and services – further driving up inflationary pressures across every corner of the economy.

No one expected the Federal Reserve to be able to smother inflation swiftly. But after several months of aggressive rate hikes – including four straight 75-basis point rate hikes – the central bank has barely made a dent.

As a result, we are now witnessing a big shift in market sentiment. Traders are no longer afraid of the Federal Reserve’s aggressive interest rate stance with clear evidence showing that policymakers are living in a land of delusion – spinning their wheels – and hardly even getting close to bending the curve on inflation.

Friday’s U.S jobs report should have sent the commodity markets tanking – but in fact it did the complete opposite. Over 27 Commodities ranging from Aluminium, Copper, Palladium, Platinum, Gold, Silver, Lumber, Zinc, Crude Oil to Natural Gas prices skyrocketed to multi-month highs – with many racking up spectacular double-digit gains in a single day alone.

And this is not the first time.

During this quarter we have seen a number of Commodities notching up impressive double-digit gains in a single day – not once, not twice, but on multiple occasions!

Looking ahead to this week, the Fed’s inflation crisis could be about to go from bad to worse.

The U.S Consumer Price Inflation report for October is scheduled for release on Thursday and is expected to top forecasts again for another straight month in a row.

On a month-over-month basis, the core measure is projected to rise 0.5%, matching the average pace since October of last year and indicating the Fed has made little progress arresting rampant inflation with its series of super-sized rate hikes.

Extraordinary times create extraordinary opportunities and right now, as traders we are amidst “one of the greatest eras of wealth creation the world has seen”. My advice to you is, do not waste this opportunity!

Commodity Price Forecast Video for the Week of November 7 to 11, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Will The Fed’s Last Big Rate Hike Signal A Turning Point For Gold?

Federal Reserve Is Now Only “one or two rate hikes away” from Unleashing a Global Financial Meltdown – Goldman Sachs

The most highly antipated FOMC Meeting of 2022 and quite possibly the most important monetary policy decision in Jerome Powell’s career is finally here – with growing expectations that the Fed is on the verge of a major policy pivot.

As one of the “Big 4 Central Banks”, this event is guaranteed to be a major market mover – especially as the Federal Reserve looks set to deliver a fourth straight super-sized rate increase – with Chairman Jerome Powell likely to hint at a downshift in the future pace of rate hikes.

The Federal Open Market Committee is expected to raise rates by another whopping 75 basis points on Wednesday to a range of 3.75 to 4% – the highest since 2008 as the central bank extends its most aggressive tightening campaign since the 1980s.

At an eagerly awaited press conference, following the rate hike decision – the Fed’s chief, Jerome Powell, may emphasize policymakers remain steadfast in their fight against inflation, while opening the door to a smaller 50 basis point hike in December.

The Fed’s decision to press ahead with its supersized rate rises since March, is now widely being met with resistance – bringing officials to a crossroads on which path to take next.

In recent weeks, a long list of Wall Street banks and international organization from the United Nations, World Bank and IMF warned that an overly aggressive Fed tightening policy, combined with a surging U.S dollar – “risks breaking the financial markets and inflicting worse damage globally than the financial crisis in 2008 and the Covid-19 shock in 2020”.

Sooner or later the Fed will have no other option, but to pivot.

There is no deny that Wednesday’s decision will move the federal funds rate further into “restrictive” territory, meaning it will more forcefully stifle economic activity.

Some of the world’s leading economists warn that recent flashpoints in the UK economy, which forced the Bank of England to revert to back to unprecedented “Quantitative Easing” measures – offers a cautionary tale that the U.S central bank should not ignore.

As traders very well know every rate hike, big or small, has enormous potential to move the markets significantly,  caution is crucial.

Gold Price Forecast Video for November 2, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

What Does A Central Bank Pivot Mean For Commodity Prices?

The First Week of November is All About Rate Hikes With Two of the ‘big Four Central Banks” Taking Front and Centre Stage

The Federal Reserve and the Bank of England are both expected to unleash yet more super-sized 75 basis-point rate hikes in the coming days in a show of aggression toward inflation, even in the face of mounting recession risks.

The transatlantic double act illustrates the trade-off confronting central banks as evidence of an impending global economic contraction becomes harder to ignore, even as inflation lingers.

For the Fed, the fourth such out-sized move on Wednesday will bring it to a crossroads. The damage to growth inflicted by policy tightening is no longer being masked by the buoyancy of the post-pandemic economy, while its success in taming inflation has yet to materialize.

The Bank of England’s situation on Thursday is even less comfortable as it delivers what would be the biggest UK interest rate hike since 1989. Not only is the country probably already in a recession, but officials are also trying to re-establish the credibility of the UK’s framework after former Prime Minister Liz Truss’s fiscal policies led to a disastrous financial crisis.

As traders very well know – every rate hike, big or small – especially from one of the “Big 4 Central Banks” has enormous potential to move the markets significantly and should not be underestimated!

In recent weeks, a long list of Wall Street banks and international organization from the United Nations, World Bank and IMF warned that an overly aggressive Fed tightening policy, combined with a surging U.S dollar – “risks breaking the financial markets and inflicting worse damage globally than the financial crisis in 2008 and the Covid-19 shock in 2020”.

According to Goldman Sachs, the Federal Reserve is now only “one or two rate hikes away” from unleashing a global financial meltdown.

Sooner or later the Fed will have no other option, but to pivot.

Those bets hardened last week after a conglomerate of Wall Street banks increased their wagers in favor of the Fed slowing the pace of its aggressive rate hikes in December. The big question now is –will this be the Fed’s last big hike, before policy makers are forced to do a U-turn on rates? Only time will tell.

Commodity Price Forecast Video for the Week of October 31 – November 4, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

The Tide Is Turning For Commodities As Fed Pivot Nears – What’s Next?

How to Trade is Now the Top Trending Search Term on Google

This comes as no surprise, considering one in two people have now turned to trading as a way to combat inflation – whilst also capitalizing on one of the greatest wealth transfer opportunities of our lifetime.

2022 will always be remembered as an extraordinary year of economic shocks from Inflation, The Cost of Living Crisis, Rate Hikes, The Global Energy Crisis – And of course the New Global Currency War that is currently unfolding.

As a result, there’s really nothing historical you can point to for what’s going on in markets today. Each and every one of these highly lucrative macro-events is fuelling an era of enormous wealth creation like we have never seen before – presenting savvy traders with back to back money-making opportunities, almost on a daily basis!

Fed Pivot Dominates the Headlines

And just when traders thought things couldn’t get any more exciting – talk of a Fed pivot is now started to dominate the headlines and emerge as the next big opportunity on the horizon.

In recent weeks, a long list of Wall Street banks and international organization from the United Nations, World Bank and IMF warned that an overly aggressive Fed tightening policy, combined with a surging U.S dollar – “risks breaking the financial markets and inflicting worse damage globally than the financial crisis in 2008 and the Covid-19 shock in 2020”.

According to economists at Goldman Sachs, the Federal Reserve is now only “one or two rate hikes away” from unleashing a global financial meltdown.

Those bets hardened this week after a conglomerate of Wall Street banks increased their bets in favor of the Fed slowing the pace of its aggressive rate hikes in December.

Fed Chairman Jerome Powell and his fellow central bankers are still expected to back a fourth-straight 75-basis-point rate hike at their upcoming meeting next week.

However, traders have already began pricing in a strong possibility that the Fed will only hike rates by half a percentage point in December – a move that would bring the policy rate to a 4.25%-4.5% range – and no more than a half a point further over the next two meetings.

Bets are also increasing on interest rate cuts in the first-half of 2023. This combination of events lays the ground work an explosive end of year Commodity rally, traders will not want to miss out on.

Commodity Price Forecast Video for October 28, 2022

Extraordinary times create extraordinary opportunities and right now, as traders we are amidst “one of the greatest eras of wealth creation the world has seen”. My advice to you is, do not waste this opportunity!

Gold Prices Jump As China Wages Currency War On U.S – What’s Next?

The Aggressive Move by Japanese Authorities Wasn’t the First and Definitely Will Not Be the Last

There is no deny that the Federal Reserve’s inflation struggles this year have dramatically bolstered the U.S dollar – whipping up an inflationary storm across every corner of the global economy.

The U.S Dollar Index, which pegs the dollar against a basket of foreign currencies, has soared to 24-year highs against its major trading partners – since the Federal Reserve began hiking rates in March this year.

This is unleashing, opportunity on top of opportunity for traders – with the emergence of a new global “currency war” – now in plain sight. Central banks across the world are being left with no other choice but to frantically compete with the Fed in order to have the strongest currency.

As a result, there’s really nothing historical you can point to for what’s going on in markets today. Each and every one of these macro-events is fuelling the greatest wealth transfer of our lifetime – presenting savvy traders with back to back money-making opportunities, almost on a daily basis!

Last week, Japanese policymakers were forced to intervene in markets after the yen tumbled past the key psychological level of 150 to the dollar – its lowest level since August 1990.

The Bank of Japan dumped an estimated $30 billion worth of its U.S dollar reserves in a frantic attempt to protect the yen from yet more weakness. The move triggered a flash crash in the U.S dollar, while simultaneously igniting an explosive rally across multiple asset classes that trade inversely to the U.S currency including Precious Metals such as Gold and Silver.

This is the second time Japanese policymakers have stepped into the market since September to prop up the yen – which has lost almost 30% of its value against the dollar year-to-date because of the widening gap between U.S and Japanese monetary policy.

The yen is the third-largest reserve currency in the world, behind the U.S dollar and the Euro – therefore has enormous potential to move the markets significantly.

Japan isn’t the only country that has seen its currency plummet against the dollar this year.

On Tuesday, China’s four largest state-owned banks stepped into prop up the yuan, which hit its weakest level since December 2007 – by dumping an undisclosed amount of their dollar reserves.

Once again, yes, you guessed it – this intervention triggered another flash crash in the U.S dollar, while immediately sparking explosive rallies across multiple asset classes that trade inversely to the U.S currency including Gold.

With traders already pricing in yet another 75 basis-point rate hike from the Federal Reserve next month – the big question now is who will be next to launch an assault on the U.S dollar?

Only time will tell, however, the one thing we do know is that extraordinary times create extraordinary opportunities and right now, this market is a licence to print money. My advice to you is, do not waste this opportunity!

Gold Price Forecast Video for October 26, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Commodity Prices Surge On Hopes of Fed Pivot – What’s Next?

The Aggressive Move by Japanese Authorities Wasn’t the First and Definitely Will Not Be the Last

Another week and another hotly antipated money making opportunity. That’s one of the most exciting and lucrative trends of the current financial climate that we find ourselves in right now.

Last week, Japanese policymakers were forced to intervene in markets after the yen tumbled past the key psychological level of 150 to the dollar. The intervention, came as the dollar hit a fresh 32-year high – inversely pushing the Japanese currency to its lowest level since August 1990.

On Friday, the Bank of Japan dumped an estimated $30 billion worth of its U.S dollar reserves in a frantic attempt to protect the yen from yet more weakness. The move triggered a flash crash in the U.S dollar, while simultaneously igniting an explosive rally across multiple asset classes that trade inversely to the U.S currency including a list of Commodities from the precious metal to energies.

This is the second time Japanese policymakers have stepped into the market since September to prop up the yen – which has lost almost 30% of its value against the dollar year-to-date because of the widening gap between U.S and Japanese monetary policy.

With ample firepower totalling almost $1.2 trillion – traders anticipate any renewed strength in the U.S dollar will inevitably spark further interventions from the BoJ – officially confirming that a new currency war – is now in play.

There is no denying that a rising dollar is whipping up an inflationary storm both in the U.S and internationally, wreaking havoc across every corner of the economy.

According to Morgan Stanley – “such U.S dollar strength has historically always ended in some kind of financial or economic crisis” and that’s the exact direction we are heading in again.

In recent weeks, a long list of Wall Street banks and international organization from the United Nations, World Bank and IMF warned that an overly aggressive Fed tightening policy, combined with a surging U.S dollar – “risks breaking the financial markets and inflicting worse damage globally than the financial crisis in 2008 and the Covid-19 shock in 2020”.

According to economists at Goldman Sachs, the Federal Reserve is now only “one or two rate hikes away” from unleashing a global financial meltdown.

Sooner or later the Fed will have no other option, but to pivot.

Traders have already priced in another 75 basis-point hike when Fed policymakers meet in November. But the big question is will the Fed raise rates one more time this year, before reverting back to quantitative easing again?

Only time will tell, however, the one thing we do know is that extraordinary times create extraordinary opportunities and right now, as traders we are amidst “one of the greatest eras of wealth creation the world has seen”. My advice to you is, do not waste this opportunity!

Commodity Price Forecast Video for the Week of October 24 – 28, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Another Extraordinary Central Bank Intervention Is Coming! What Does That Mean For Commodities?

The Bullish Momentum Also Split Over Into Gold, Silver and Other Commodities Priced in British Pounds – Sending Them Skyrocketing to All-time Record Highs

As traders very well know – any report of a major monetary policy shift from anyone of the “Big 4 Central Banks” has enormous potential to move the markets significantly and should not be underestimated!

On Thursday, Japanese policymakers made fresh threats of intervention after the yen tumbled past the key psychological level of 150 to the dollar – placing traders on high alert that a battle to bring down the U.S dollar – and even the emergence of a new currency war itself – is now in plain sight.

The yen fell past the highly symbolic 150-mark against the U.S dollar, pushing the Japanese currency to its lowest level since August 1990.

The latest decline came as the Bank of Japan prepares to launch an emergency quantitative easing programme – buying 250 billion yen ($1.7 billion U.S dollars) of government debt as it works to pin down yields even as long-term interest rates rise globally.

Despite a $20bn intervention in September, the yen has lost almost 30% of its value against the dollar year-to-date because of the widening gulf between the Bank of Japan’s ultra-loose monetary policy and tightening by most other big central banks, predominantly the Federal Reserve.

This hotly antipated move from the Bank of Japan comes only a few week after The Bank of England, reverted back to unprecedented “Quantitative Easing” measures, to avert a full-blown global financial meltdown.

In one of the most major U-turns in monetary policy, ever seen – The Bank of England went into full financial crisis mode just over three weeks ago, rushing out an announcement that the central bank was restarting its money-printing presses at “whatever scale is necessary” – officially confirming that “QE To Infinity” was back!

The Bank of England’s announcement sent over 27 Commodities including Aluminium, Copper, Palladium, Platinum, Gold, Silver, Lumber, Crude Oil and Natural Gas prices surging to multi-month highs – with many notching up impressive double-digit gains in a matter of days.

And, just when we thought the fun was over – The Bank of England was forced to swoop in once again this week with further quantitative easing measures – And it may not be the last time!

Sooner or later many other Central Banks, may have no other option, but to follow in the Bank of England and Bank of Japan’s footsteps – by turning back on their money-printing machines and inject massive liquidity into an already inflationary environment.

Extraordinary times create extraordinary opportunities and right now, as traders we are amidst “one of the greatest wealth transfers ever in history”. If you truly want to build life-changing wealth, then there is no better time than now!

Commodity Price Forecast Video for October 21, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Gold Traders Eye Biden’s New War On Inflation – What’s Next?

As History Has Taught Us – Whoever Controls the Price of Oil – Controls the Path of Inflation

Over the last 18 months, inflation has rapidly spread to every corner of the economy with the cost of unavoidable living expenses from Food, Fuel, Housing, Clothing and Energy prices – accelerating at the fastest pace in over 40 years.

If anyone expected inflation to peak in this year, the U.S Consumer Price Inflation report for September quickly dashed any hope that price pressures had peaked.

No one expected the Federal Reserve to be able to smother inflation swiftly. But after seven months of aggressive rate hikes – the central bank has hardly made a dent.

The September U.S. Consumer Price Inflation report made it very clear that we’re not much better off now than we were in March, when the Fed began its aggressive monetary tightening. Back then, Consumer Price Inflation was up 8.5% year-over-year. Now, it’s up 8.2%.

With inflation showing no signs of abating – many of the world’s leading economists agree that it will likely take a couple of years before prices really come down from the highs seen this year.

This epic situation, could not have come at a worse time for President Biden, with just under a month to go before the crucial U.S midterm elections in November.

Desperate times call for desperate measures. With inflation the primary concern for voters, President Biden has been forced to step in with a desperate last-ditch attempt to dig the Fed and the economy out of the biggest inflationary crisis seen since the 1970s.

While Presidents don’t have magic wands to make inflation disappear – they do have a powerful tool that can help ease the pain of higher prices: Oil in the form of the Strategic Petroleum Reserve (SPR).

Earlier this month, the OPEC cartel led by Saudi Arabia and Russia – poured further fuel on the inflationary fire with their announcement to cut Oil production by 2 million barrels per day – the largest output cut since the 2020 pandemic.

On Tuesday, the Biden administration announced a release of 15 million barrels of oil from the U.S emergency stockpile in a bid to keep Oil prices from climbing further. This follows an “historic release” of 180mn barrels of oil from the Strategic Petroleum Reserve in March.

The amount of oil in the SPR is down by roughly a third – since Biden took office in January 2021. That has left the nation’s emergency oil stockpile at its lowest point since June 1984.

Biden has made clear to his advisers that he is prepared to authorize future releases, if necessary, which could ultimately deplete the U.S emergency stockpile.

The big question now is will OPEC respond with further production cuts in order to keep Oil prices sky-high?

Only time will tell, however, the one thing we do know is that extraordinary times create extraordinary opportunities and right now, as traders we are amidst “one of the greatest wealth transfers ever in history”. The time to start making money is now!

Gold Price Forecast Video for October 19, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Higher For Longer Inflation Is Here To Stay. What Does That Mean For Commodities?

If There’s One Word That Has Caught Everyone’s Attention in 2022, It’s Inflation

Over the last 18 months, inflation has rapidly spread to every corner of the economy with the cost of unavoidable living expenses from Food, Fuel, Housing, Clothing and Energy prices – accelerating at the fastest pace in over 40 years.

A string of recent much hotter-than-expected inflation readings has enviably pushed the Federal Reserve and its major central-banking peers into one of the world’s most aggressive monetary tightening cycles seen since 1981.

No one expected the Federal Reserve to be able to smother inflation swiftly. But after seven months of aggressive rate hikes – totalling a whopping 225 basis points – the central bank has hardly made a dent.

The September U.S. Consumer Price Inflation report made it very clear that we’re not much better off now than we were in March, when the Fed began its aggressive monetary tightening. Back then, Consumer Price Inflation was up 8.5% year-over-year. Now, it’s up 8.2%.

With inflation showing no signs of abating – many of the world’s leading economists agree that it will likely take a couple of years before prices really come down from the highs seen this year – confirming policy makers biggest fear that higher for longer inflation is here to stay.

All evidence points to one conclusion – policymakers are trapped in a box of their own making because they didn’t move quickly enough on raising rates last year.

Even if the Fed up their game now with yet more super-sized 75 basis-point rate hikes or even scale up with a series of mammoth 100 basis-point hikes – it’s hardly going to make a difference because inflation is far too stubborn and entrenched.

Regardless of what actions the Fed takes now, unfortunately there is no way out. They are faced with a situation common to chess players down on their luck – stuck with nothing but bad moves to play.

On one hand, if the Fed continues hiking rates aggressively into a weakening economy, then a severe 2008-style recession is virtually assured – combined with a stronger dollar that will only led to greater inflationary pressures both domestically and internationally.

On the other hand, if the Fed changes course on rate hikes, that will inevitably lead to deeply entrenched inflation for longer. That toxic combined with an economic downturn would lead to 1970s-style stagflation – an even worse outcome for the global economy.

If history is anything to go by, then the one thing that we do know for certain is both scenarios, whether that’s persistent Inflation with Stagnation or a Recession, ultimately present an extremely lucrative backdrop for commodity prices.

Commodity Price Forecast Video for the Week of October 17 to 21, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Is Stagflation Coming, Or Is It Already Here?

Central Banks Across the World Are Fighting a Losing Battle Against Rapidly Surging Inflation

According to economists, that term simply confirms what we have all been thinking for some time now – that Central banks across the world are fighting a losing battle against rapidly surging inflation and no matter what actions they take now, it will be nowhere enough to tame rising inflationary pressures.

This year, for the first time in history, every major central bank from the U.S Federal Reserve, ECB to the Bank of England has come together in a global effort to engineer their most aggressive monetary tightening cycle since the early 1980s.

And so far, those efforts have hardly made a dent on inflation.

If anyone expected inflation to peak in this year, the U.S Consumer Price Inflation report for September has definitely dashed any hope that price pressures had peaked.

Data released this week, showed U.S Consumer Price Inflation in September accelerated at its fastest pace in four decades – registering its largest annual increase since 1982.

With inflation showing no signs of abating – many economists anticipate that the world may be about to revisit something it’s not seen in decades – Stagflation.

The Stagflationary shock of 2022 is truly global, with diverging growth and inflation expectations across most countries with many different factors exacerbating the trend in a synchronised way. In country after country, similar trends can be seen playing out – a surprise surge in prices and decline in activity over the past few months.

The prospect of stagflation’s return strikes fear into policymakers because there are few monetary tools to address it. Raising interest rates may help reduce inflation, but increased borrowing costs would further depress growth. Keeping monetary policies loose, meanwhile, risks pushing prices higher.

There can be no denying that global policymakers find themselves caught in a vicious circle of their own making because they didn’t move quickly enough on raising rates last year.

And if that wasn’t enough, OPEC’s recent decision to cut Oil production by 2 million barrels per day – presents yet another headache for the Federal Reserve and its central-banking peers.

While the United States and Western economies would prefer to see Oil prices trading close to $50 a barrel. Saudi Arabia and its allies, including Russia prefer to keep Oil prices at about $100 a barrel. The cartel has already demonstrated that it is prepared to go to any lengths to keep Oil prices elevated – ultimately throwing further fuel on the inflationary fire!

As traders very well know – there is a strong correlation between inflation and Commodity Prices. When inflation accelerates at a red-hot pace, so does the prices of Commodities.

Extraordinary times create extraordinary opportunities and right now, as traders we are amidst “one of the greatest wealth transfers ever in history”. If you truly want to build life-changing wealth, then there is no better time than now!

Commodity Price Forecast Video for October 14, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

What’s Next For Gold Prices As Bank of England Signals More QE Is Coming?

Gold in Tight Range as Traders Await a Fresh Fundamental Spark to Ignite the Precious Metals Next Big Move

In one of the most significant shifts in monetary policy, ever seen – The Bank of England went into full financial crisis mode two weeks ago, rushing out an announcement that the central bank was restarting its money-printing presses at “whatever scale is necessary” – officially confirming that “QE To Infinity” was back!

The UK bank’s extraordinary new round of quantitative easing measures involved suspending a program to sell gilts – part of an effort to get sky-high inflation under control – and instead revert to buying long-dated bonds at a whopping rate equivalent to over $5.3 billion dollars a day.

The Bank of England’s announcement sent over 27 Commodities including Aluminium, Copper, Palladium, Platinum, Gold, Silver, Lumber, Crude Oil and Natural Gas prices surging to multi-month highs – with many notching up impressive double-digit gains in a matter of days.

The bullish momentum also split over into Gold, Silver and other Commodities priced In British Pounds – sending them skyrocketing to all-time record highs.

And, just when I thought things couldn’t get any more exciting – The Bank of England dropped a massive hint earlier this week, signalling that more quantitative easing could be on the way.

The report comes after the UK central bank held a private, closed-door meeting on Tuesday – laying out fresh plans to purchase over £10 billion pounds of gilts each day, of which up to £5 billion pounds a day will be allocated to long-dated conventional gilts and up to £5 billion pounds a day to index-linked gilts.

The Bank of England’s actions represent the first big emergency intervention from a G7 central bank in this monetary cycle to avert a full-blown global financial crisis – And it may not be the last!

After being criticized for being slow to recognize inflation, the Federal Reserve has embarked on its most aggressive series of rate hikes since the 1980s. But in doing so, its actions have dramatically strengthened the dollar – raising concerns among leading economists that the U.S currency will be the next asset bubble to burst.

The toxic combination of excessive fiscal debt, speculative asset bubbles and persistent inflation makes the current economic environment truly precarious.

Sooner or later the Fed will have no other option, but to follow in the Bank of England’s footsteps – by turning back on its money-printing machines and inject massive liquidity into an already inflationary environment.

Extraordinary times create extraordinary opportunities and right now, as traders we are amidst “one of the greatest wealth transfers ever in history”. If you truly want to build life-changing wealth, then there is no better time than now!

Gold Price Forecast Video for October 12, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Commodity Traders Eye Record Profits In The Final Quarter of 2022 – What’s Next?

What’s Next For Commodity Prices As Traders Await Inflation Data?

It’s no secret that the global markets have entered an exciting new phase in monetary policy as central bankers across the world ramped up their fight against rapidly surging inflation.

After being criticized for being slow to recognize inflation, the Federal Reserve and its central-banking peers have embarked on their most aggressive series of rate hikes since the 1980s.

As a result, aggressive moves specifically from the Fed in recent months have dramatically strengthened the dollar – raising concerns among leading economists that the U.S currency will be the next asset bubble to burst.

According to Morgan Stanley – “such U.S dollar strength has historically always ended in some kind of financial or economic crisis” and that’s the exact direction we are heading in again.

In recent weeks, a long list of Wall Street banks and international organization from the United Nations, World Bank and IMF have warned that an overly aggressive Fed tightening policy, combined with a surging U.S dollar – “risks breaking the financial markets and inflicting worse damage globally than the financial crisis in 2008 and the Covid-19 shock in 2020”.

Growing backlash against the Fed comes at a pivotal moment – following a significant move from The Bank of England, who was forced to revert to back to unprecedented “Quantitative Easing” measures, in an emergency attempt to avert a full-blown global financial meltdown.

The Bank of England’s monetary policy U-turn sent over 27 Commodities ranging from the metals, energies to soft commodities skyrocketing to multi-month highs – with many notching up impressive double-digit gains in a matter of days.

The Bank of England’s actions represent the first big intervention from a G7 central bank in this monetary cycle to avert a global financial crisis – And it may not be the last!

There can be no denying that the explosive combination of excessive fiscal debt, speculative asset bubbles and persistent inflation makes the current economic environment truly precarious.

At the same time, the Federal Reserve is facing one of the worst predicaments of its existence as it continues hiking rates aggressively into a weakening economy.

Whichever way you look at it, the writing is already on the wall. Sooner or later the Fed will have no other option, but to turn back on its money-printing presses and inject massive liquidity into an already inflationary environment.

The big question now is will the Fed raise rates one more time this year, before reverting back to quantitative easing again?

Only time will tell, however, the one thing we do know is that extraordinary times create extraordinary opportunities and right now, as traders we are amidst “one of the greatest wealth transfers ever in history”. The time to start making money is now!

Commodity Price Forecast Video for the Week of October 10 to 14, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Fed’s Final Rate Hike Could Be Near. What Does That Mean For Commodities?

Fed Was Late to React to Inflation

After being criticized for being slow to recognize inflation, the Federal Reserve has embarked on its most aggressive series of rate hikes since the 1980s. But in doing so, the odds of a global economic downturn have also accelerated with economist predicting that a recession is now inevitable.

And the worst thing about this major policy error is that it could have been avoided had the Federal Reserve acted sooner.

The Fed began hiking interest rates to tame sky-high inflation in the spring of this year, the first time it had done so since slashing them to zero in the early days of the pandemic. When inflation began creeping dangerously higher in 2021, Federal Reserve Chair Jerome Powell insisted that it was only “transitory” and nothing to be concerned about.

The Fed is now frantically trying to regain its credibility and make up for lost time by raising rates at the fastest pace in decades.

A ripple effect of the Fed’s “too much too late” actions have dramatically strengthened the dollar – raising further concerns among leading economists that the U.S currency will be the next asset bubble to burst.

According to Morgan Stanley – “such U.S dollar strength has historically always ended in some kind of financial or economic crisis” and that’s the exact direction we are heading in again.

In recent weeks, a long list of Wall Street banks and international organization from the United Nations, World Bank and IMF have warned that an overly aggressive Fed tightening policy, combined with a surging U.S dollar – “risks breaking the financial markets and inflicting worse damage globally than the financial crisis in 2008 and the Covid-19 shock in 2020”.

Growing backlash against the Fed comes at a pivotal moment – following a significant move from The Bank of England last week, who reverted back to unprecedented “Quantitative Easing” measures, to avert a full-blown global financial meltdown.

Pressure is now piling on the Federal Reserve to follow the Bank of England’s lead and put a brake on rate hikes.

The Fed Has No Good Options Left

Regardless of which direction the Fed chooses now, they are unfortunately trapped in a box of their own making – faced with a situation common to chess players down on their luck – stuck with nothing but bad moves to play.

On one hand, if the Fed continues hiking rates aggressively into a weakening economy, then a severe 2008-style recession is virtually assured. On the other hand, if the Fed changes course on rate hikes, that will inevitably lead to entrenched inflation. That toxic combined with an economic downturn would lead to 1970s-style stagflation – an even worse outcome for the global economy.

The big question now is will the Federal Reserve be next to announce a major policy U-turn?

Only time will tell, however, the one thing we do know is that extraordinary times create extraordinary opportunities and right now, this market is a traders paradise – packed with endless money-making opportunities, almost on a daily basis!

Commodity Price Forecast Video for October 7, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Precious Metal Prices Surge As Pressure Piles On Fed To End Rate Hikes – What’s Next?

Commodities On The Rise This Week

This week, over 27 Commodities ranging from the metals, energies to soft commodities tallied up astronomical gains – with many notching up impressive double digit returns in the first week of October already – setting a precedent for the remaining quarter ahead!

US Dollar Strength and Fed’s Tightening Policies

After being criticized for being slow to recognize inflation, the Federal Reserve has embarked on its most aggressive series of rate hikes since the 1980s.

The Fed’s aggressive tightening policy has dramatically strengthened the dollar – raising concerns among leading economists that the U.S currency will be the next asset bubble to burst.

According to Morgan Stanley – “such U.S dollar strength has historically always ended in some kind of financial or economic crisis” and that’s the exact direction we are heading in again.

In recent months, a long list of Wall Street banks from Goldman Sachs, JPMorgan to Bank of America have warned that an overly aggressive Fed tightening policy, combined with a surging U.S dollar, risks breaking the global financial markets and causing dangerous instability in other currencies.

IMF and United Nations Already Alerting

This week, the International Monetary Fund and United Nations also joined the list – calling the Fed’s actions an “imprudent gamble” with the lives of those less fortunate. If the central bank doesn’t “course correct,” emerging countries will tumble into a series of debt crises and health and climate emergencies.

A Pivotal Moment for Central Banks and the Economy

Growing backlash against the Fed comes at a pivotal moment – following a significant move from The Bank of England, who reverted back to unprecedented “Quantitative Easing” measures, to avert a full-blown global financial meltdown.

In one of the most major U-turns in monetary policy, ever seen – The Bank of England went into full financial crisis mode last week, rushing out an announcement that the central bank was restarting its money-printing presses at “whatever scale is necessary” – officially confirming that “QE To Infinity” was back!

The UK bank’s extraordinary new round of quantitative easing will involve suspended a program to sell gilts – part of an effort to get rapidly surging inflation under control – and instead revert to buying long-dated bonds at a whopping rate equivalent to over $5.3 billion dollars a day.

Pressure is now piling on the Federal Reserve to follow the Bank of England’s lead and put a brake on rate hikes.

In fact, traders have already begun pricing in expectations that the Federal Reserve will raise interest rates just one more time in November before ending its quantitative tightening program.

Extraordinary times create extraordinary opportunities and right now, this market is a traders’ dream – packed with unlimited opportunities to generate huge profits FAST!

Gold Price Forecast Video for October 5, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

What Does A Central Bank Policy U-Turn Mean For Commodity Prices?

Rate Hikes Not Seen Since the 1980s to Fight Inflation

There is no denying that the global markets have entered an exciting new phase in monetary policy as central bankers across the world ramped up their fight against rapidly surging inflation.

After being criticized for being slow to recognize inflation, the Federal Reserve and its central-banking peers have embarked on their most aggressive series of rate hikes since the 1980s.

As a result, there’s really nothing historical you can point to for what’s going on in markets today – we are seeing multiple standard deviation moves across every asset class – presenting savvy traders with back to back money-making opportunities, almost on a daily basis.

Aggressive moves specifically from the Fed in recent months have dramatically strengthened the dollar – raising concerns among leading Wall Street economists that the dollar will be the next asset bubble to burst.

According to Morgan Stanley – “such U.S dollar strength has historically always ended in some kind of financial or economic crisis” and that’s the exact direction we are heading in again.

In fact, it was against that strong dollar backdrop that the Bank of England was forced to revert back to unprecedented “Quantitative Easing” measures, to avert a full-blown global financial meltdown.

The Bank of England Went Back to QE Last Week

In one of the most major U-turns in monetary policy, ever seen – The Bank of England went into full financial crisis mode last week, rushing out an announcement that the central bank was restarting its money-printing presses at “whatever scale is necessary” – officially confirming that “QE To Infinity” was back!

The UK bank’s extraordinary new round of quantitative easing will involve suspended a program to sell gilts – part of an effort to get rapidly surging inflation under control – and instead revert to buying long-dated bonds at a whopping rate equivalent to over $5.3 billion dollars a day.

Historical Events

Central bank interventions of this scale have not been seen since the Wall Street Crash in 1929, the Black Monday stock market collapse in 1987, the Global Financial Crisis in 2008 and more recently, the 2020 Pandemic.

Impact on Commodity Prices

The Bank of England’s announcement sent a long-list of commodities from Aluminium, Copper, Palladium, Platinum, Gold, Silver, Lumber, Oil and Natural Gas prices surging to multi-month highs – registering their biggest one-day move this year.

The bullish momentum also split over into Gold, Silver and other precious metals priced In British Pounds – sending them blasting through all-time record highs.

The Bank of England’s actions represent the first big intervention from a G7 central bank in this monetary cycle to avert a global financial crisis – And it may not be the last!

With the Fed and ECB hiking aggressively into a weakening economy – the big question is who will be next to switch on their money printing machines and revert back to quantitative easing again?

Only time will tell, however, the one thing we do know is that extraordinary times create extraordinary opportunities and right now, this market is a traders’ paradise!

Commodity Price Forecast Video for the Week of October 3 – 7, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

QE To Infinity Is Back! What Does That Mean For Commodities?

The Bank of England Went Into Crisis Mode

In one of the most major U-turns in monetary policy, ever seen in history – The Bank of England went into full financial crisis mode this week, rushing out an announcement that the central bank was restarting its money-printing presses at “whatever scale is necessary” – officially confirming that “QE To Infinity And Beyond” was back!

The UK bank’s extraordinary new round of quantitative easing will involve suspended a program to sell gilts – part of an effort to get rapidly surging inflation under control – and instead revert to buying long-dated bonds at a whopping rate of up to 5 billion pounds ($5.31 billion) a day.

Economists have warned that the injection of billions of pounds of newly minted money into the economy could fuel even greater inflation. “This move will be inflationary at a time of already sky-high inflation”, which Goldman Sachs predicts will hit 23% by next year.

Central bank interventions of this scale have not been seen since the Wall Street Crash in 1929, the Black Monday stock market collapse in 1987, the Global Financial Crisis in 2008 and more recently, the 2020 Pandemic.

The Bank of England’s actions represent the first big intervention from a G10 central bank in this monetary cycle to avert a global financial crisis – And it may not be the last!

It serves as a reminder to policymakers around the world that any perceptions by the market of a policy error will be heavily punished. With the Federal Reserve and European Central Bank hiking aggressively into a weakening economy – the big question is who will be next to turn on their money printing machines?

Only time will tell, however, the one thing we do know is that extraordinary times create extraordinary opportunities and right now as traders, we are living in some of the most rewarding times ever in history.

Impact on Commodity Prices

Following The Bank of England’s announcement a long-list of metals from Aluminium, Copper, Palladium, Platinum, Gold, Silver, Lithium, Uranium and Zinc prices surged to multi-month highs – registering their biggest one-day moves this year.

The bullish momentum also split over into other commodities with energies to soft commodities notching up impressive double digit gains – And this could just be the beginning!

Throughout this month’s reports we routinely highlighted that the commodity markets we’re on the verge of a massive breakout – presenting savvy traders with the ultimate opportunity to buy in at the lows. Once again, everything we identified has played out exactly as predicted!

Commodity Price Forecast Video for September 30, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Will UK’s Currency Collapse Trigger The Next Global Financial Crisis?

Crises and Opportunities, We Have Both Now

This comes as no surprise, considering that online searches for trading have hit the highest on record since the Global Financial Crisis in 2008 – as savvy traders rush to capitalize on the biggest and most explosive macro themes driving the markets right now from Inflation, Rate Hikes, Recession Risk, The Global Energy Shock – And of course the Global Currency Crisis that is currently unfolding!

As the famous saying goes – “do not waste a good crisis”.

Right now we have crisis on top of crisis, which as traders know – translates to opportunity on top of opportunity.

This is the time that traders wait decades because its times like these that gift regular people with an ultra-rare window of opportunity to create life-changing wealth!

British Pound Collapses

There is no deny that central banks across the world have dialled up their ambition to combat inflation in recent weeks. In response, traders have boosted odds that a major financial and economic crisis can’t be ruled out. That means global monetary policy hawkishness may have hit its peak and something will eventually break.

Earlier, this week top U.S Federal Reserve officials warned that the next global financial crisis will stem from the UK’s historic currency collapse.

The British pound fell to its lowest level ever against the dollar on Monday, prompting economists to compare its trajectory to that of an emerging market currency.

In a statement following UK chancellor Kwasi Kwarteng’s £45 billion tax-cutting package, Raphael Bostic, president of the Atlanta Fed, said the plan “has increase the chances of the world tipping into its next financial crisis.

Bostic’s comments came on the heels of a warning from former U.S Treasury secretary Larry Summers, who blasted the UK’s tax cuts as ‘utterly irresponsible’ and signalled “a currency crisis in a reserve currency could have significant global consequences”.

The sudden sell-off in the British pound comes as traders brace for more aggressive interest rate hikes from the Bank of England.

Last week the Bank of England’s monetary policy committee voted to increase its benchmark interest rate by 50 basis points to 2.25% – the highest since the global financial crisis, with a firm promise of further rate hikes to come.

The Bank of England next meets in November and traders have already starting pricing in expectations rates could rise above 6% next year.

As the British pound hits all-time record lows this week – Gold and other precious metals priced In British Pounds, which are all tradable across varies platforms hits all-time record highs.

With global monetary debasement now in full swing, the big question is will other fiat currencies face the same outcome?

Only time will tell, however, the one thing we do know is that extraordinary times create extraordinary opportunities and right now, this market is a traders dream – packed with unlimited money-making opportunities to capitalize on the short-term macro-driven volatility!

Gold Price Forecast Video for September 28, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions: