The Stock Market, Gold, and Silver: Beware Liquidation, Warns Veteran Macro Trader Greg Weldon

The CPI came out today and Greg Weldon went deeper than the headline number. He calls it the Creeper. Thirty six percent of all service sector CPI indexes are running above 5 percent year over year, up from 32 percent last month. Nearly half are above 4 percent. Two thirds are above 3 percent. And it is still creeping higher. Average weekly earnings just fell below the inflation rate for the first time since the post-pandemic period. The consumer is getting hit from both sides: high service inflation and declining real income. Gold is falling. Energy is breaking down. Crypto is falling. Agriculture commodities are coming down. Greg says an all-asset deflation event looks like it is almost at the door. And the dip buyers are not showing up the way they used to. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 CPI breakdown: Greg just finished the data 1:00 The Creeper: service inflation by the numbers 2:30 36 percent of service indexes above 5 percent 3:30 Real wages now below the inflation rate 4:15 Consumer double-edged machete: inflation plus income decline 4:55 All-asset deflation: gold energy crypto all falling together 5:30 Is the dip-buying regime finally over? 7:00 On-balance volume disconnect in Nvidia and Meta 8:00 Central banks now hold more gold than US treasuries 10:00 El Nino food prices: the inflation wave still coming 12:00 Crude oil: the US is not petroleum independent 15:00 Iran deal: painted in a corner either way 18:00 WTI support at $70 to $80 if demand holds #GregWeldon #CPI #Inflation #MacroInvesting #tastylive #ServiceInflation #AllAssets #TradingTrends tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.