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GOLD HITS A STRATOSPHERIC $5,000 – ALL THANKS TO TRUMP’S FED WAR!
Is Trump About to Send Gold Soaring? You BET!
Goldman Sachs has just unleashed a BOMBSHELL prediction: gold could skyrocket to a jaw-dropping $5,000 per ounce! How? President Trump’s relentless attack on the Federal Reserve’s independence could send investors racing for gold like it’s the last life raft on the Titanic!
Currently, gold is sizzling at $3,596 on the Comex exchange—up an astonishing 36% this year and tantalizingly close to all-time highs. But brace yourselves, folks; if Trump’s antics cause an exodus from stocks and bonds, gold could reach new cosmic heights!
TRUMP GOES TO WAR: A CRIME SCENE AT THE FED!
In a dramatic escalation, Trump is gunning for control of the Fed, reportedly seeking to replace officials with his allies! He’s calling for criminal investigations into leading figures like Chairman Jerome Powell and Governor Lisa Cook, accusing them of serious misconduct. The man isn’t just throwing verbal darts—he’s aiming for a complete Fed overhaul!
Goldman’s experts now warn that if faith in the Fed crumbles, inflation could skyrocket, stock prices could take a nosedive, and the U.S. dollar could lose its shine. Not gold, though! As a pure store of value immune to institutional trust, gold is looking more enticing than ever!
“Tsunami of Demand” Could Propel Gold Past $5,000!
Goldman’s Samantha Dart points out that even a small shift in investor appetite could send gold prices through the roof. Just think—if a mere 1% of U.S. Treasury investments shift to gold, we could witness a dramatic explosion in value, hitting that astonishing $5,000-mark!
ARE WE HEADING FOR A RECESSION? SLOWDOWNS ARE EVERYWHERE!
Meanwhile, the jobs market is crumbling! The ADP is set to unveil private payroll numbers today, and all signs scream weakness! The forecast shows job openings nosediving and layoffs surging! With the Fed looking more likely than ever to cut interest rates, the economic landscape is starting to resemble a horror movie!
MARKET SNAPSHOT – ARE YOU READY FOR THE ROLLERCOASTER?
- S&P 500 Futures: Up by 0.22%
- STOXX Europe 600: Up by 0.61%
- U.K.’s FTSE 100: Up by 0.23%
- Japan’s Nikkei 225: Up by a whopping 1.53%
- China’s CSI 300: Down by a shocking 2.12%
- South Korea’s KOSPI: Up by 0.52%
- India’s Nifty 50: Flat, hovering in uncertainty
- Bitcoin: Taking a plunge to $110.7K – what a wild ride!
Get ready, folks! The gold rush is ON, and with Trump’s ongoing war on the Fed, anything can happen! Hold on to your wallets and brace for the storm!
photo credit: fortune.com
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