Bitcoin’s ‘Incredible’ Recovery & More in This Week’s Commodities
Schwab Network · Schwab Network
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Show Notes
Phil Streible reviews the week in commodities. He looks at gold, which is up over 25% this year alone, and the U.S. dollar, which has been “treading water” around 100. In Treasuries, he thinks a “buyer’s strike” on international markets is impacting bonds, but thinks we still need more clarity from the Fed and trade policy. He calls bitcoin’s recovery “incredible,” and attributes it to investors looking for safe havens outside of gold.
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