U.S. Money Reserve President, Philip Diehl, is skeptical the two-week ceasefire between the U.S. and Iran will even hold due to the stark differences between goals. He explains how the situation surrounding the Strait of Hormuz serves as a “cautionary tale” for other countries as they rebuild strategic oil reserves. Philip later turns to equities and explains why Nvidia (NVDA) and Amazon (AMZN) are the only mag 7 companies he's still invested in.
War Likely to ‘Extend Much Further’, Why Metals are Falling
President of U.S. Money Reserve, Philip Diehl, looks at what’s behind the recent weakness in metals markets. Hope has driven the overall market through its “remarkable bull run” and some of the steam is coming out now, he says. “I think this war is likely to extend much further,” he adds. Watch Video
