🔽 Markets Overview…



➠ Bloomberg: Gold and Silver are declining as Middle East war escalation has driven oil prices higher and reduced prospects for U.S. interest rate cuts.

➠ Gold -5%, Silver -10%.

➠ At today's meetings, the Bank of England, Bank of Japan, and ECB left interest rates UNCHANGED (as did the Federal Reserve yesterday).

➠ The stock market continued to decline after sharp energy price increases intensified concerns that the Middle East war will fuel inflation and negatively impact economic growth.

➠ Bonds fell sharply worldwide after the Bank of England stated its readiness to "take action" to contain price pressure.

➠ "Gold is no longer a safe haven for investors, but a speculative asset," – Plurimi Wealth. Investors are massively exiting Gold ETFs.
#IsraelStrikesIranBTCPlunges
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