{"id":89765,"date":"2026-07-15T14:54:51","date_gmt":"2026-07-15T14:54:51","guid":{"rendered":"https:\/\/www.biblaridion.info\/blog\/?p=89765"},"modified":"2026-07-15T14:54:51","modified_gmt":"2026-07-15T14:54:51","slug":"a-very-strange-global-economy","status":"publish","type":"post","link":"https:\/\/www.biblaridion.info\/blog\/a-very-strange-global-economy\/","title":{"rendered":"A very strange global economy"},"content":{"rendered":"<h1>A very strange global economy<\/h1>\n<p>It is almost as if nothing is going on.\u00a0 No wars or natural catastrophes. Nothing to see here. Move along.<\/p>\n<p>The US Consumer Price Index (CPI) for June 2026 registered an index level of 333.95 points, bringing the annual inflation rate to 3.5%. This marked a monthly decline of 0.4% from May, heavily driven by decreasing gasoline prices<br \/>\nThe Federal Reserve&#8217;s benchmark interest rate is forecast to stabilize at approximately 3.75% to 4.25%. Following recent cooling in US inflation data to 3.5% in June, financial markets are pricing in a roughly equal split between the Fed pausing further adjustments or implementing a late-year rate hike.<br \/>\nKey US Treasury yields currently stand at:2-Year Treasury: ~4.20%10-Year Treasury: ~4.60%30-Year Treasury: ~5.10%<\/p>\n<p>Oil prices have fallen back to pre-war levels\u2014with Brent crude hovering around $75 to $80 a barrel\u2014because the market absorbed the initial supply shock through strategic reserve releases, alternative export routes, and the June peace deal that effectively ended the US-Iran conflict.<\/p>\n<p>SpaceX (NASDAQ: SPCX) shares are currently trading around $137 to $139 per share, reflecting a valuation of roughly $1.79 trillion.Peak Valuation: The company peaked near a $2.9 trillion valuation ($225.64 per share) on June 16, 2026, briefly becoming the fifth-largest company in the U.S..Current Valuation: It has plummeted by roughly 38% to 40%, dragging the market cap down to about $1.8 trillion to $1.9 trillion.Trading at $136.08, the stock is clinging to a razor-thin 0.8% gain above its IPO price. However, because it opened its very first day of trading at $150, investors who bought at the initial public opening are currently down about 9.3%.<\/p>\n<p><strong>The AI Bubble is Cracking: Why I&#8217;m Shorting SOXX &amp; Hyperscalers for Gold (50 min)<\/strong><\/p>\n<p><iframe loading=\"lazy\" title=\"The AI Bubble is Cracking: Why I&amp;apos;m Shorting SOXX &amp; Hyperscalers for Gold\" width=\"614\" height=\"345\" src=\"https:\/\/www.youtube.com\/embed\/ez50QP9m4R8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Note that trading halts at the weekend see also (you can\u00a0 select the currency etc.): <a href=\"https:\/\/goldprice.org\/gold-price-australia.html\">https:\/\/goldprice.org\/gold-price-australia.html<\/a><\/p>\n<h2><span style=\"color: #ff0000;\">Refresh page for up to date prices<\/span><\/h2>\n<p>Gold in USD $$$$$$$$$<br \/>\n<iframe loading=\"lazy\" style=\"border: 0; overflow: hidden;\" src=\"https:\/\/goldbroker.com\/widget\/live-price\/XAU?currency=USD\" width=\"100%\" height=\"130\"><\/iframe><\/p>\n<p>Gold in AUD $$$$$$$$$<br \/>\n<iframe loading=\"lazy\" style=\"border: 0; overflow: hidden;\" src=\"https:\/\/goldbroker.com\/widget\/live-price\/XAU?currency=AUD\" width=\"100%\" height=\"130\"><\/iframe><\/p>\n<p>Silver in USD $$$$$$$$$<br \/>\n<iframe loading=\"lazy\" style=\"border: 0; overflow: hidden;\" src=\"https:\/\/goldbroker.com\/widget\/live-price\/XAG?currency=USD\" width=\"100%\" height=\"130\"><\/iframe><\/p>\n<p>Silver in AUD $$$$$$$$<br \/>\n<iframe loading=\"lazy\" style=\"border: 0; overflow: hidden;\" src=\"https:\/\/goldbroker.com\/widget\/live-price\/XAG?currency=AUD\" width=\"100%\" height=\"130\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<div style=\"display: inline-block; horizontal-align: top; width: 212px; height: 212px; border: 1px solid #ccc;\"><!-- Graph 1 --><!-- Your content here --><script type=\"text\/javascript\" src=\"https:\/\/www.oil-price.net\/TINY_CHART\/gen.php?lang=en\"> <\/script><br \/>\n<noscript> To get the <a href=\"http:\/\/www.oil-price.net\/dashboard.php?lang=en#TINY_CHART\">oil price<\/a>, please enable Javascript.<\/noscript><\/div>\n<div style=\"display: inline-block; vertical-align: top; width: 212px; height: 212px; border: 1px solid #ccc;\"><!-- Graph 2 --><!-- Your content here --><script type=\"text\/javascript\" src=\"https:\/\/www.oil-price.net\/widgets\/brent_crude_price_tiny\/gen.php?lang=en\"> <\/script><br \/>\n<noscript> To get the BRENT <a href=\"http:\/\/www.oil-price.net\/dashboard.php?lang=en#brent_crude_price_tiny\">oil price<\/a>, please enable Javascript.<\/noscript><\/div>\n<div style=\"display: inline-block; horizontal-align: top; width: 212px; height: 212px;\"><!-- Graph 3 --><!-- Your content here --><noscript> To get <a href=\"http:\/\/www.gas-cost.net\/dashboard.php?lang=en\">gasoline price<\/a>, please enable Javascript.<\/noscript><br \/>\n<script type=\"text\/javascript\" src=\"https:\/\/www.oil-price.net\/widgets\/natural_gas_small\/gen.php?lang=en\"> <\/script><\/div>\n<div style=\"display: inline-block; vertical-align: top; width: 212px; height: 60px;\"><script type=\"text\/javascript\" src=\"https:\/\/www.oil-price.net\/TABLE3\/gen.php?lang=en\"> <\/script><br \/>\n<noscript> To get the <a href=\"http:\/\/www.oil-price.net\/dashboard.php?lang=en#TABLE3\">oil price<\/a>, please enable Javascript.<\/noscript><br \/>\n<script type=\"text\/javascript\" src=\"https:\/\/www.oil-price.net\/widgets\/brent_text\/gen.php?lang=en\"> <\/script><noscript> To get the <a href=\"http:\/\/www.oil-price.net\/dashboard.php?lang=en#BRENT_TEXT\">oil price<\/a>, please enable Javascript.<\/noscript><\/div>\n<p>&nbsp;<\/p>\n<div style=\"display: inline-block; vertical-align: top; width: 212px; height: 212px; border: 1px solid #ccc;\"><!-- Graph 4 --><!-- Your content here --><br \/>\n<script type=\"text\/javascript\" src=\"https:\/\/www.gas-cost.net\/widget.php?lang=en\">\n<\/script>Price per gallon<\/div>\n<p>&nbsp;<\/p>\n<p>Use the direct link: <a href=\"https:\/\/informedsources.com\/petrol-prices-chart\/\">https:\/\/informedsources.com\/petrol-prices-chart\/<\/a><\/p>\n<p><strong>Trump\u2019s Shocking 20% Hormuz Toll and Russia\u2019s Destroyed Refineries (11 min)<\/strong><\/p>\n<p><iframe loading=\"lazy\" title=\"Trump\u2019s Shocking 20% Hormuz Toll and Russia\u2019s Destroyed Refineries\" width=\"614\" height=\"345\" src=\"https:\/\/www.youtube.com\/embed\/BiUpCsWRWcI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>How Low Will Gold Get? Trader Called Price Moves, Reveals The Bottom | Gary Wagner (34 min)<\/strong><\/p>\n<p><iframe loading=\"lazy\" title=\"How Low Will Gold Get? Trader Called Price Moves, Reveals The Bottom | Gary Wagner\" width=\"614\" height=\"345\" src=\"https:\/\/www.youtube.com\/embed\/D6OJe2rdK9M?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Inflation Plummets: Will Fed&#8217;s Next Move Crush Markets? | Danielle DiMartino Booth (31 min)<\/strong><\/p>\n<p><iframe loading=\"lazy\" title=\"Inflation Plummets: Will Fed&amp;apos;s Next Move Crush Markets? | Danielle DiMartino Booth\" width=\"614\" height=\"345\" src=\"https:\/\/www.youtube.com\/embed\/XUj1myVJU4k?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Shanghai Silver Stuns the Market \u2014 Physical Prices Keep Outrunning COMEX! (15 min)<\/strong><\/p>\n<p><iframe loading=\"lazy\" title=\"Shanghai Silver Stuns the Market \u2014 Physical Prices Keep Outrunning COMEX!\" width=\"614\" height=\"345\" src=\"https:\/\/www.youtube.com\/embed\/xQFwzGbh79g?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>America&#8217;s $38 Trillion Debt Just Became Impossible to Ignore. (9 min)<\/strong><\/p>\n<p><iframe loading=\"lazy\" title=\"America&amp;apos;s $38 Trillion Debt Just Became Impossible to Ignore.\" width=\"614\" height=\"345\" src=\"https:\/\/www.youtube.com\/embed\/3B3vokC-73A?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A very strange global economy It is almost as if nothing is going on.\u00a0 No wars or natural catastrophes. Nothing to see here. Move along. The US Consumer Price Index (CPI) for June 2026 registered an index level of 333.95 points, bringing the annual inflation rate to 3.5%. This marked a monthly decline of 0.4% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[730],"tags":[15918,11750,1523,6265,1614,17298,17299,16899,2513,2933,7289,17198,17300,14121],"class_list":["post-89765","post","type-post","status-publish","format-standard","hentry","category-economics","tag-comex","tag-cpi","tag-debt","tag-deflation","tag-gold","tag-gold-silver-ratio","tag-inflation-hedge","tag-lbm","tag-qe","tag-silver","tag-sovereign-debt","tag-spot-price","tag-treasury-bond","tag-volatility"],"_links":{"self":[{"href":"https:\/\/www.biblaridion.info\/blog\/wp-json\/wp\/v2\/posts\/89765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biblaridion.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biblaridion.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biblaridion.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biblaridion.info\/blog\/wp-json\/wp\/v2\/comments?post=89765"}],"version-history":[{"count":2,"href":"https:\/\/www.biblaridion.info\/blog\/wp-json\/wp\/v2\/posts\/89765\/revisions"}],"predecessor-version":[{"id":89767,"href":"https:\/\/www.biblaridion.info\/blog\/wp-json\/wp\/v2\/posts\/89765\/revisions\/89767"}],"wp:attachment":[{"href":"https:\/\/www.biblaridion.info\/blog\/wp-json\/wp\/v2\/media?parent=89765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biblaridion.info\/blog\/wp-json\/wp\/v2\/categories?post=89765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biblaridion.info\/blog\/wp-json\/wp\/v2\/tags?post=89765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}