Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
The Gold Crash Defying Inflation Logic
Gold has plunged to a six-month low even as inflation expectations rise. In this episode, Lucas and Luna dissect the disconnect between bullion and breakeven rates, exploring why the classic inflation hedge is failing. They break down the role of rising real yields, dollar strength, and shifting Fed expectations, using the latest CPI and breakeven data. Lucas brings historical context from 2013's taper tantrum, while Luna questions whether gold's role as a portfolio diversifier is broken for good. The hosts also examine what this means for commodity investors and whether copper…
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