Gold Has Another Strong Month

With the month of May coming to an end, Gold has gone up for the second consecutive month, reaching 1900 for the first time since January 8th. Gold closed at 1902.6 today, and has pretty much consolidated around the 1900 price level since Tuesday. There was about a 1.15% increase in price for this week.

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Possible Fuel Shortage & Biden’s Infrastructure Plan Benefits EV Stocks

*Disclaimer: Your stock investments should be based off your own personal analysis and/or from a professional.

The possibility of oil and gas shortages can be linked to various factors such as the number of gas tank truck drivers decreasing, the recent cyberattack on the Colonial Pipeline, and more. In 2019 and 2020, there was a much smaller demand for gas, but with people expecting to travel at high levels this summer, the demand could skyrocket to unstable levels.

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