Gold crashes as energy overtakes software

Why Gold Crashed & Apple’s $85B Surprise Welcome to your daily investment check-in. In today's episode, we break down a market defined by extreme volatility and surprising resilience. From a massive sell-off in precious metals to a record-breaking quarter for Apple, we help you make sense of the mixed signals driving the global economy. In this episode: • The "Warsh Effect" on Gold: We dive into why gold and silver futures crashed nearly 5% following the nomination of Kevin Warsh as Fed Chair. We explain how a stronger dollar and expectations of a disciplined Fed are shaking out leveraged positions and reshaping market confidence. • Apple Defies the Skeptics: Despite high interest rates, Apple delivered its strongest iPhone quarter ever ($85bn revenue), with a massive rebound in consumer demand from China. • Global Industrial Turnaround: Positive signs from the UK as manufacturing hits a 17-month high, driven by returning export demand from the US, China, and Europe. • The Dark Side of the AI Boom: Why the rapid rise of AI is actually causing stress in software credit markets as investors fear "product obsolescence". • What We're Watching: The US Government shutdown, Aura’s massive acquisition of Qoria, and the Solv Energy IPO capitalizing on AI power demand. Market Snapshot: The Nasdaq slides almost 1% and Crude Oil slumps over 5%, while global investors digest a shift in Fed leadership expectations. Money moves fast. We make it make sense. #Investing #Gold #Apple #Fed #StockMarket #Economy #AI #WealthManagement