FOOD PRICES SPIKE, OIL CRISIS DEEPENS & GOLD CRASHES IN HISTORIC WEEK
This week exposed the accelerating fractures across every corner of the economy — vegetable prices surging 48.9% on the PPI, diesel cracking $5 a gallon, gold posting its worst weekly drop in 43 years, and Iran threatening to shut the Strait of Hormuz as US military assets move into position. Meanwhile, the Fed crushed rate cut hopes with hotter-than-expected inflation data, and silver, copper, and aluminum are all flashing distress signals that the commodity markets are repricing systemic risk.