March 29, 2024 – After this week's wrap-up with Ryan Puplava, Financial Sense Newshour speaks with Greg Weldon about the big surge in gold, commodities and mining stocks, which he says is a reflection of large fiscal spending packages combined with a coordinated easing of monetary policies and rate cuts by global central banks last week. Greg discusses how much is being spent currently by the US government, how many banks around the globe are easing, and the number expected to ease later this year. Investors are seeing this as a seminal event, he says, which is why gold, commodities, and mining stocks, which were lagging, are now surging higher, as governments and global central banks acquiesce to higher inflation.
Follow more of Greg's research and analysis at Global Macro Research – Futures Trading – Weldon Financial (weldononline.com)
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Mentioned in today's interview:
Gold strengthening against major world currencies
