Consumer prices rose between July and August by 0.4% with groceries and fuel being the biggest offenders. Prices are up 2.9% from a year ago, and this is all happening as the Fed is mulling rate cuts under pressure from Trump. This is the kind of environment that’s going to continue negatively affecting anyone who isn’t an asset holder. If you want insight into what leads to these kinds of economic environments and how to avoid them, click here to learn more.
Speaking of gold, one particular company just released news that recent drilling results indicate high-grade gold across an expansive district under the company’s control. It has a tiny market cap of C$10 million and sits next to a similar property owned by a miner with a much bigger market cap of C$455 million. This shows the massive profit potential this company has if its drill results continue to impress. Shares are still cheap. Click here to learn more about the company and how you can invest in it.
How often do you hear about a company’s value rising 3000% in a short period of time? Not often, but it just happened. That company is called Eightco and its good fortunes were caused by private placement investment backing the launch of the world’s first Worldcoin treasury strategy. In short, this is a cryptocurrency-related project for online authentication. The story here is whether the company has long-term viability due the nature of its funding and whether this is ultimately a smart investment play. You can learn more in the pages of Crypto Cycle and find alternative investments in the same sector by clicking here.
The Fed will likely cut rates next week, so watch what that will do for the current economic environment.