Energy costs jump while housing liquidity dries up and gold targets shift.
Published
Europe outbid Asia for liquefied natural gas, driving prices up 150% per OilPrice.com. The aggressive purchasing signals fierce competition for limited global energy supplies.
Goldman Sachs revised its gold price target following a Federal Reserve rate hike. TheStreet reports the bank adjusted its forecast in response to the central bank's policy shift.
Condominium owners face a stalled market. MarketWatch reports that selling units is currently "almost impossible," leaving sellers feeling trapped in their properties.
California enacted new legislation to address fuel costs. Governor Newsom signed a bill expanding fuel options to help residents save money, citing a gas price crisis.
Sources: 1. Gold & Metals: Goldman Sachs gold price target takes a turn after Fed rate hike - thestreet.com — https://news.google.com/rss/articles/CBMiswFBVV95cUxNcG1HZ19haGFzbDU0U0RnTGQ3VTdEQjVTWnRUN0tRaGZKalAxOThGVk9qQ3NscS1fRVRBcDVjMTFHVkFaMnJ0Mk80cWVwQ1VLcU90d0tkN3ZHWGx6VVcyeUNaTkJFTXUyZmZKU2E4aFY3aVpXQnl2ZjdlTmRZRVpQZFZwTWpLMUhtV0hjeWd3WnZoSkN4VGdxSEpYSVA3RElzQUhKY2tVQnhYU190X1pUTkhMYw?oc=5 (src1) 2.