Oil and gold and oil and gold stocks are undervalued on the latest geopolitical tensions.
Oil could easily top 100 USD, while gold's price can surpass 3 000 USD, in Wolfteam Ltd.'s view.
The current geopolitcal tensions are the highest they have been for decades.
If oil and other commodities' prices shoot up, inflation rates will rise and the Federal Reserve might not lower the Federal Funds Rate target or interest rates at all. Which could tank the US and global stock markets. And the negative wealth effect could trigger a mild global recession.
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