Tariffs are Back with no Ceiling and Gold at $4,000
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Tariffs are Back with no Ceiling and Gold at $4,000
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WorldWideMarkets episode 671 covers the return of US tariffs through Section 301 investigations targeting South Africa and 60 other countries — with no rate ceiling and no court precedent to stop them.
Simon unpacks the Iran war's tentative ceasefire talks, why Goldman Sachs revised its Brent forecast to $85, and what happens to oil and interest rates if the conflict drags on.
Monday's sharp gold selloff gets a post-mortem: leveraged FOMO unwinds, Turkey tapping reserves, and profit-taking after a year of doubling.
Two stock ideas round out the episode: Rocket Lab (RKLB) for pure-play space exposure and Franco Nevada (FNV) as a low-risk gold streaming alternative to miners.
Plus the MPC rate decision preview and a quick plug for the new AI in the Wild column.
WorldWideMarkets is part of JustOneLap.com.