Smart Macro: Interest Rates on the Move; Broad-Based Commodity Upturn

May 24, 2024 – How much have commodities risen this year? Chris Puplava, CIO of Financial Sense Wealth Management, details the surprising year-to-date increases in the prices of gold, silver, oil, gasoline, natural gas, aluminum, copper, nickel, tin, zinc, and many other commodities. Chris explains how the market appears to be adjusting to the downstream impacts of higher commodity prices when it comes to inflation, potential Federal Reserve policy and the transmission effects via the global bond markets, where interest rates are climbing back toward multi-year highs.

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