Unveiling Financial Insights - News week 10

Gold, Great Cash Out and Oil

March 08, 2024

Chart Extravaganza: 20 Years of Financial Rollercoaster  

You know, sometimes charts speak louder than words. Imagine the dollar and the euro having a 'concert' to destroy their citizens' purchasing power! Check out the graph that Bullion Star beat me to - it's like watching a financial thriller! 

But fear not, there's a silver lining – or should I say, a golden one? The gold price may seem faked, but history tells us it can't stay that way forever. Watch out for that $2000/ounce danger zone; if gold dances past $2100, it might just trigger a dollar sell-off! 

Quick reminder: Gold prices don't climb; it's the purchasing power of your bills that takes a dive. Keep those financial sunglasses handy! 

Billionaire Profit Parade  

Move over Bezos, Zuckerberg, and Dimon – the Walton family is joining the profit party, selling a whopping $1.5 billion in Walmart stocks!  What's the inside scoop? What do they know that we don't? The plot thickens!

OPEC's Oil Odyssey ️ 

Brace yourself – the OPEC drama continues! Russia and Saudi Arabia are cutting oil production by 1.5 million barrels per day to keep those prices afloat. Economic blues are dragging prices down, and at $83, we're light-years away from the 2022 peaks at $140! Hold onto your energy reserves!

Before I let you go back to conquering your financial dominion, tell me: What subject do you want to unravel in the next newsletter? Your wish is my command! ‍️

Stay financially fabulous!

Cheers,