Bitcoin:
CNBC is so excited about Bitcoin's rise back above $32,000. When Bitcoin is falling
CNBC barely talks about it. But when it makes a big move up they can't stop talking about it.
Crude Oil:
Crude Oil just hit $117 per barrel. It looks like the market is poised to finally reflect a Russian sanctions premium that should send the price to $150 per barrel by year-end. Next year the price could easily hit $200. But don't worry. America's super strong economy can handle it.
Gold:
Gold's failure to rise despite mounting evidence that inflation is getting worse doesn't mean gold is no longer an inflation hedge. It reflects investor's expectations that higher inflation means the Fed will fight harder to contain it. Investors are in for a rude awakening.
