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Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below $4000 As Rate-Hike Odds Rise
Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below $4000 As Rate-Hike Odds Rise
Gold plunged back below $4,000 an ounce for the first time since November 2025 this morning, as a resurgent dollar and the prospect of higher interest rates bring bullion’s three-year bull market to a halt (now down 30% from its January highs).
The precious metal has posted double-digit gains for each of the last three years, more than doubling in price as central banks, money managers and retail investors all piled into the trade.
That rally ran out...
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Tesla plans to unveil a redesigned Roadster sports car with limited "flying" capabilities later this month, The Information reported Friday morning, citing people familiar with the matter. The report follows this week's comments from Tesla's chief vehicle designer, who said the long-delayed Roadster is "coming soon."
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September Market Weakness: The Setup Has Teeth
September Market Weakness: The Setup Has Teeth
Authored by Lance Roberts via RealInvestmentAdvice.com,
The Setup Has Teeth
Earlier this week, in our Daily Market Commentary, I flagged that the market was testing support after three straight down days, starting in September, with the calendar. That was just the warm-up, as the real story lies in a note from Scott Rubner at Citadel Securities, whose read on September market weakness is among the best that I have read. Rubner’s case is not that the bull market has ended. It is that the near-term math just...
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