Why it's a 'perfect storm' for commodities right now

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Trading Commodities News

Phil Streible,Commodities,Market Domination

Gold prices (GC=F) hit a record high today, boosted by increasing geopolitical uncertainty following the death of Iran's president. Blue Line Futures Chief...

) hit a record high today, boosted by increasing geopolitical uncertainty following the death of Iran's president. Blue Line Futures Chief Market Strategist Phil Streible and Wolfe Research Managing Director Timna Tanners join Market Domination to discuss why commodities — including other precious metals silver -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion.

Michael Burry bought about $8 million worth of a trust that owns physical gold bullion. John Paulson has been betting big on gold for years.Are you looking for some great TSX stocks to buy in 2024? The market is full of options, but these two scream "long-term opportunity" right now. The post 2 TSX Stocks to Buy in 2024 and Hold for the Next 10 Years appeared first on The Motley Fool Canada.

This DC woman moved from US to Belgium with her family — here's why she says it's worth the higher taxes -- Copper surged to its highest-ever level, extending a months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages.

Phil Streible Commodities Market Domination Gold Prices Precious Metals Blue Line Iran's President

 

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