As crude oil prices increase, it sends a macro signal that makes it impossible for the Fed to do anything other than consider a rate-hiking rather than rate-cutting cycle in order to counter inflation; this is the reason gold has been selling off and will continue to sell off.
causalpending
Speaker
Erik TownsendEvidence Quote
“crude oil prices increasing, it sends a macro signal...impossible for the Fed...rate hiking rather than cutting cycle...That's the reason gold has been selling off”
Source
MacroVoices #530 Daniel Lacalle: China and The Us Will Decide The Outcome of The Iran War— Macro VoicesCreated: 8/12/2026, 6:10:01 PM
My Notes
Loading notes...