{"id":28249,"date":"2023-10-01T08:42:45","date_gmt":"2023-10-01T11:42:45","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2023\/10\/01\/what-will-a-u-s-government-shutdown-mean-for-commodity-prices\/"},"modified":"2023-10-01T08:42:45","modified_gmt":"2023-10-01T11:42:45","slug":"what-will-a-u-s-government-shutdown-mean-for-commodity-prices","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2023\/10\/01\/what-will-a-u-s-government-shutdown-mean-for-commodity-prices\/","title":{"rendered":"What Will A U.S Government Shutdown Mean For Commodity Prices?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div>\n<h2 id=\"navigating-the-risky-waters-of-the-us-government-shutdown\">Navigating the Risky Waters of the U.S. Government Shutdown<\/h2>\n<p>Positioning the entire sector firmly on track to outperform every other asset class out there for a third consecutive year running!<\/p>\n<p>In this year of \u201cunthinkable macro surprises\u201d \u2013 traders have turned their attention to the next big money-making opportunity brewing on the horizon: a U.S Government Shutdown on Sunday 1 October.<\/p>\n<\/div>\n<\/div>\n<div>\n<div>\n<p>Playing chicken with the economy is not unusual for Congress and the President. The looming shutdown will be the fourth in a decade and comes just four months after a similar standoff brought the federal government within days of defaulting on its $31 trillion <a href=\"https:\/\/www.fxempire.com\/macro\/united-states\/government-debt\">debt<\/a>.<\/p>\n<p>No country should run fiscal affairs as high drama. Greece in 2015 and the UK last year offer cautionary tales of what goes wrong when politics and the public finances collide. It\u2019s undoubtedly a very dangerous game to play with the economy and financial markets, but yet U.S politicians do not feel they need to learn from the mistakes of other countries.<\/p>\n<p>The U.S government is just days away from a shutdown that will disrupt many services, squeeze workers and roil financial markets \u2013 at a critical time when the economy is already burdened by the highest interest rates in decades, surging energy costs, autoworker strikes and re-accelerating inflationary pressures.<\/p>\n<p>According to economists, this \u201cmultitude of hits all arriving at once\u201d has increased the possibility of another \u201cblack swan event\u201d occurring in the fourth quarter of the year.<\/p>\n<p>Furthermore, Moody\u2019s rating agency warned that the U.S will be slapped with a \u201cnegative credit rating\u201d if a government shutdown were to occur.<\/p>\n<p>Back in August, Moody\u2019s rival Fitch Ratings downgrading the U.S credit rating from AAA to AA+ due to successive government standoffs over the nation\u2019s debt ceiling. A move which sent precious metal prices skyrocketed to multi-month highs \u2013 with many notching up spectacular double digit gains \u2013 literally in a matter of days.<\/p>\n<\/div>\n<\/div>\n<div>\n<div>\n<h2 id=\"gold-and-commodities-the-safe-haven-in-uncertain-times\">Gold and Commodities: The Safe Haven in Uncertain Times<\/h2>\n<p>During times like these, finding a safe place to store money becomes particularly important, which would explain why Commodities are everyone\u2019s favourite trade right now!<\/p>\n<p>According to a report released by the International Monetary Fund \u2013 Gold has become the world\u2019s number one asset class of choice for those seeking protection, diversification and high returns on offer in this current economic climate.<\/p>\n<p>Even Costco, the wholesale retail store is selling 24K Gold bars and they are selling out within minutes!<\/p>\n<p>The second most popular asset as revealed by the report, was Silver. Follow closely behind by Agriculture in third place.<\/p>\n<p>Whichever way you look at it, one thing is clear. The case for Commodities in a well-diversified portfolio has never been more obvious than it is right now! Any substantial pullbacks should be viewed as buying opportunities because prices won\u2019t stay low for long!<\/p>\n<h2 id=\"commodity-price-forecast\">Commodity Price Forecast<\/h2>\n<p>Where are <a href=\"https:\/\/www.fxempire.com\/commodities\/gold\">prices<\/a> heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:<\/p>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.fxempire.com\/forecasts\/article\/what-will-a-u-s-government-shutdown-mean-for-commodity-prices-1377801\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Navigating the Risky Waters of the U.S. Government Shutdown Positioning the entire sector firmly on track to outperform every other asset class out there for a third consecutive year running! In this year of \u201cunthinkable macro surprises\u201d \u2013 traders have turned their attention to the next big money-making opportunity brewing on the horizon: a U.S Government Shutdown on Sunday 1 October. Playing chicken with the economy is not unusual for Congress and the President. The looming shutdown will be the fourth in a decade and comes just four months after a similar standoff brought the federal government within days of defaulting on its $31 trillion debt. No country should run fiscal affairs as high drama. Greece in 2015 and the UK last year offer cautionary tales of what goes wrong when politics and the public finances collide. It\u2019s undoubtedly a very dangerous game to play with the economy and financial markets, but yet U.S politicians do not feel they need to learn from the mistakes of other countries. The U.S government is just days away from a shutdown that will disrupt many services, squeeze workers and roil financial markets \u2013 at a critical time when the economy is already burdened by the highest interest rates in decades, surging energy costs, autoworker strikes and re-accelerating inflationary pressures. According to economists, this \u201cmultitude of hits all arriving at once\u201d has increased the possibility of another \u201cblack swan event\u201d occurring in the fourth quarter of the year. Furthermore, Moody\u2019s rating agency warned that the U.S will be slapped with a \u201cnegative credit rating\u201d if a government shutdown were to occur. Back in August, Moody\u2019s rival Fitch Ratings downgrading the U.S credit rating from AAA to AA+ due to successive government standoffs over the nation\u2019s debt ceiling. A move which sent precious metal prices skyrocketed to multi-month highs \u2013 with many notching up spectacular double digit gains \u2013 literally in a matter of days. Gold and Commodities: The Safe Haven in Uncertain Times During times like these, finding a safe place to store money becomes particularly important, which would explain why Commodities are everyone\u2019s favourite trade right now! According to a report released by the International Monetary Fund \u2013 Gold has become the world\u2019s number one asset class of choice for those seeking protection, diversification and high returns on offer in this current economic climate. Even Costco, the wholesale retail store is selling 24K Gold bars and they are selling out within minutes! The second most popular asset as revealed by the report, was Silver. Follow closely behind by Agriculture in third place. Whichever way you look at it, one thing is clear. The case for Commodities in a well-diversified portfolio has never been more obvious than it is right now! Any substantial pullbacks should be viewed as buying opportunities because prices won\u2019t stay low for long! Commodity Price Forecast Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions: [ad_2] Source link<\/p>\n","protected":false},"author":1,"featured_media":28250,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-28249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/28249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=28249"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/28249\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/28250"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=28249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=28249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=28249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}