3100 USD! Goldman Sachs raises its year-end gold price forecast and continues to recommend 'Buy'.
①Goldman Sachs has raised its forecast for gold prices at the end of 2025 from $2,890 to $3,100, due to strong demand for gold from global central banks; ②Goldman Sachs further predicts that if policy uncertainty remains high, gold prices could soar to $3,300; if central banks purchase an average of 70 tons of gold per month, gold prices could reach $3,200.
Cryptocurrency survey: The token controversy involving the President of Argentina has also implicated the token of the First Lady of the USA?
① The President of Argentina, Milei, is embroiled in a fraud scandal regarding the meme coin Libra, facing internal investigations and impeachment; ② The Libra incident has caused fluctuations in the Argentine market, with the Argentine Merval Index dropping 5.6% on Monday, marking the largest decline since July. ③ Investigations have found that Libra and Melania Coin may be backed by the same entity, employing the same strategy of pumping and dumping for profit.
Sell European bonds, buy Military Industry! Traders in Europe believe: the world has changed...
① This Monday, while the American Financial market was closed for Presidents' Day, the activity in the Europe market seemed quite significant; ② Local market investors were selling European Bonds and Buying Defense stocks, as there were outside speculations that the meeting of EU leaders in Paris would point towards increasing Europe’s security spending.
OPEC+ is considering postponing an increase in production, according to reports.
The Organization of the Petroleum Exporting Countries (OPEC) and major oil-producing countries outside of the organization, known as "OPEC Plus," are considering postponing their production increase plans. Bloomberg reported this from sources within the delegation who spoke anonymously. However, no decision has been made yet, and opinions are divided on how to proceed. OPEC Plus has postponed production increase plans multiple times to support crude oil prices but plans to gradually reduce voluntary production cuts starting in April.
Weekly ETF Flows: Seven Out of 11 Sectors Record Outflows; Consumer Staples Sector Leads With Higher Inflows
Gold Soars as 'Trump Trade' of 2025: What Investors Should Know