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Eddie Ghabour's Case Against PLTR in 2026
Youtube· 2026-02-10 23:00
Now, I want to speak more broadly about what we're seeing in the markets this morning and this week, especially as we await some important data coming tomorrow and Friday, helping us do that this morning. Eddie Gabbor, owner at Key Advisors Wealth Management. Eddie, great to see you.We've got some green on the board again today. Another positive day, but again, sort of sideways. You not a lot of movement.Uh, and still seeing this heavy rotation trade here. What are your thoughts about the action we're seein ...
Gold sinks, bitcoin plunges as debasement trade stumbles
Yahoo Finance· 2025-10-22 16:39
Core Viewpoint - Gold prices have experienced significant declines following a major sell-off, halting a strong rally that had seen prices increase by 65% year-to-date due to central bank demand and investor interest as a safe-haven asset [1][2]. Group 1: Gold Market Dynamics - Gold futures fell over 1% to around $4,060 per troy ounce after a 5.5% drop in the previous session, driven by profit-taking and a strengthening US dollar [1]. - The recent surge in gold prices was attributed to strong global central bank demand and a flight to safety amid concerns over fiat currency devaluation [2]. - Analysts have indicated that the rapid increase in gold prices has created overbought conditions, suggesting potential volatility ahead [2][3]. Group 2: Future Outlook for Gold - Expectations of further rate cuts from the Federal Reserve, along with rising demand for precious metals and ongoing political uncertainty, are likely to support gold prices into early 2026 [4]. - Real interest rates in the US may fall below zero due to persistent inflation, potentially making the US dollar less attractive and increasing investment flows into precious metals [4]. - There is a possibility for gold prices to reach $4,700 per ounce if adverse macroeconomic and political developments occur [5]. Group 3: Bitcoin's Response to Gold Market - The decline in gold prices may present rotational opportunities for Bitcoin, which has been experiencing volatility but showed signs of recovery [5][6]. - Bitcoin's price fell over 3% to around $108,000 after a brief rally, indicating a potential lead-lag relationship with gold [6][7]. - Historically, gold tends to lead market movements, with Bitcoin following suit, suggesting that a shift in investment focus may be on the horizon [7].