oil

Geopolitical Tensions Make Gold, Oil, and Defense Stocks Must-Have Hedges, Says Top Wealth Manager

On 1 October 2024, Aadil Zaman, a partner at Wall Street Alliance Group, joined CNBC’s Power Lunch to share his thoughts on navigating the current market environment. With geopolitical tensions escalating, especially in the Middle East, and the Federal Reserve monitoring the economy, Zaman outlined a strategy that emphasizes hedging with gold, energy, and defense […]

Can Gold Reach $3,000? Citi’s North America Head of Commodities Research Weighs In

CNBC reports that Citi Research predicts three potential catalysts for a surge in gold prices, potentially reaching $3,000 an ounce within 12-18 months. Aakash Doshi, Citi’s Head of North American commodities research, identifies these catalysts as a rapid increase in central bank gold purchases, stagflation, or a severe global recession. Firstly, CNBC highlights Doshi’s view […]

Peter Schiff Issues Grave Warnings on Soaring Oil Prices and Upcoming Financial Crisis

Recently, Peter Schiff, the CEO of Euro Pacific Capital and a long-time critic of Bitcoin, made a series of alarming statements on social media platform X, formerly known as Twitter. He also holds multiple positions in other financial firms, such as Euro Pacific Asset Management, an autonomous investment advisory service; Schiff Gold, previously known as […]

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