Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Sunday, April 14, 2024

Oil And Gold Are Undervalued

 


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.



No comments: