Silver's overlooked bull run

Since last week: 

Inflation, measured by the Personal Consumption Expenditures (PCE) Price Index, moved up. This shows that there is still a fight ahead to get inflation under control. 

1. Silver Prices

We mention gold a lot in these pages, but not much gets said about silver. The fact of the matter is that, like its cousin, silver has been trending upward and shows no signs of slowing down. As an investor, now is the best time to invest before this metal climbs any higher. It’s all part of a commodity supercycle that’s just getting started and is poised to make a lot of investors rich. Learn all about it by clicking here and see where the best places to invest your money are. 

2. Sam Bankman-Fried in Jail

Sam Bankman-Fried must spend 25 years in prison for his role in the collapse of crypto exchange FTX. The story behind this trial is a good example of the bad actors present in the crypto space and how they can take advantage of investors. With cryptocurrency taking off, investors need to watch out for charlatans looking to make a quick buck. Click here for cryptocurrency guidance from an expert you can trust. 

Are You Positioned for Changing Markets?

Get a full macro outlook from Nick Hodge. 

He covers the stock market and gold, which are both hitting record-high prices. 

You’ll also get three several stock recommendations… 

You can access it all here.

3. EV Adoption

As of the end of last year, 31 countries reached the tipping point for EV adoption. That tipping point is 5% of new car sales being purely electric. That’s up from 19 countries in 2022. It’s a number that’s only going to keep going up thanks to falling prices and internal combustion engine cars being phased out. Carmakers are going to need key minerals like lithium to keep up, which is why demand is going to continue going way, way up. Click here to learn how you can invest and get rich from that climbing demand. 

4. White House AI Rules

The US government is beginning to embrace artificial intelligence and, as such, has begun drafting rules for oversight of the technology’s use among federal agencies. That includes, among other things, continuous monitoring and annual inventory of its use. Agencies have until December 1 to put safeguards in place. It’s not hard to imagine this being a policy that other governments around the world will adopt. This just goes to show that the technology will not be going away, only expanding. As an investor, there are many ways to profit from the trend. Click here to discover some of the best names in the space.  

What to Look For

The latest numbers may mean the Fed might have a case for keeping interest rates up, dashing the hopes of those looking for cuts.

Keep your eyes open,

Ryan Stancil

Ryan Stancil
Editor, Daily Profit Cycle