Greetings!
We have seen a dramatic shift in market valuations over the last two weeks, immediately following the meeting between President Trump and Ukraine President Zelenskyy on Friday February 28. When trading resumed the following Monday, the dollar began to tumble and US stock indices plunged. At the same time, gold and silver reversed their earlier corrective phases and punched higher.
Gold has now broken over $3,000 an ounce for the first time ever and silver is following it, entering full-on breakout mode. This short-term market reversal has been one of the most stunning and dramatic we have seen in years.
In this new AGE Gold Commentary video, we explain the fundamentals underlying these dramatic shifts in market sentiment to understand just how stunning these market changes have been. We will also address the question of whether US economic exceptionalism, wherein the US economy has outperformed every other global economy, can continue as US policy towards Europe shifts and tit-for-tat tariff uncertainty roils markets even further.
You can also view this video on the AGE YouTube channel, which includes a transcript.
Sincerely,
Dana Samuelson
President
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