Three stories with one theme: how markets reprice confidence and uncertainty.
Your Daily Market Brief  The precious metals market is experiencing a dramatic unwinding that goes far beyond simple profit-taking. Gold and silver, long considered the ultimate portfolio insurance policies, are getting hammered as investors fundamentally reassess their relationship with these traditional safe havens. This selloff tells us something profound about where we stand economically. When precious metals lose their luster this dramatically, it usually means one of two things is happening: either investors believe the worst of our economic troubles are behind us, or they're so desperate for yield and growth that they're abandoning defensive positions altogether. Read Full Analysis |
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