Crypto's Down, Gold's Down...What's Up?

Is the glitter off gold?  Is the secret out on crypto?  If those two assets slid, then where did it all go?  Time to go On The Markets.  This week on our latest episode of On The Markets. with Sonoma Wealth Managing Principals Daren Blonski CFP®, Chris Sipes CFP® and Sonoma Wealth Marketing Director Dano Weir. They look at: • Gold taking a significant tumble this week, despite a series of charts that show it’s significant performance recently, does this mean it’s topped? • Silver getting SMOKED. • The President made clear his nomination for the next Fed chair-  what could that mean about future interest rates if confirmed? • Is Elon a modern-day Robber Baron?  His net worth sure lines up right. • S & P holding it’s own after briefly 7000.  6:58 BlackRock cuts private debt fund 11:22 The President will nominate Kevin Warsh for Fed Chair- what does that mean for interest rates? 14:05 Investor sentiment 15:50 How much are people saving? 17:40 Rate cut? 19:53 The dollar in previous Bear Markets 20:42 International vs. US over the decades 21:35 S&P vs. Emerging Markets 22:13 US Trade deficit 23:13 Commodities  27:00 USD is falling in foreign exchange reserves 28:20 US stocks measured in gold 29:00 Were we due for a pullback in gold? 34:30 What’s happening in oil 38:49 S&P 500 this week 41:00 S&P heat map 44:00 Silver and Gold 54:45 Bitcoin looking precarious    References:  https://www.today.com/food/news/chocolate-companies-cut-back-on-cocoa-rcna248192  Take Sonoma Wealth's Free Wealth Analysis right here: https://sonomawealthadvisors.com/  Videos available on our YouTube Channel: https://www.youtube.com/playlist?list=PLaOjL6z16wjV2_CTStzc36Y5JtiwhVoGJ Audio also available on  Apple Podcasts https://podcasts.apple.com/us/podcast/on-the-markets/id1802984526 Spotify https://open.spotify.com/show/2YqyNLN7mcBApS5RL2piAj _______________________________________ Disclosure: Fermata Advisors LLC is registered as an investment advisor with the SEC and only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This content was produced by Fermata Advisors, LLC, d/b/a Sonoma Wealth Advisors, d/b/a Fermata 401k, d/b/a Fermata Tax, d/b/a Fermata Insurance.  The opinions expressed by Fermata Advisors, LLC on this show are their own. Information presented on this program is believed to be factual and up to date, but we do not guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed.  Discussions and answers to questions do not involve the rendering of personalized investment advice but are limited to the dissemination of general information.  A professional advisor should be consulted before implementing any of the options presented.  Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.  Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Viewers and listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.