Oct 7 Gold hits $4000 an ounce, which usually means inflation is going to go higher

$STZ $ASML $MKC

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“Many investors are sounding an alarm on the valuations for AI companies. Mostly because their margins are very thin - $ORCL ( ▼ 2.52% ) which is seeing gross margins in the low single digits”😊 😋

Slower day on news of a longer shutdown

The big reason gold is over $4000 per ounce is primarily because of rising expectations for inflation. The weaker dollar is also making a mark on the metal with so many uncertainties across the board - from tariffs to higher import duties.

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Today’s video is on ASML $ASML ( ▼ 3.93% ) the semiconductor equipment company.

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