The Oil Shock That Changed Everything Overnight The headlines will tell you gold is “struggling.” That’s surface-level nonsense. What actually happened is this: oil exploded—from $72 to $118 a barrel—triggering one of the largest supply shocks in modern history. That’s not just a commodity story. That’s a systemic stress signal. Energy prices are projected to rise another 24% this year. That kind of inflation doesn’t just fade—it embeds itself into the economy. And when inflation sticks, central banks panic. That panic is what matters. Because instead of cutting rates like everyone expected, central banks are now frozen. They’re stuck in a tightening posture, watching inflation creep back in through the back door. And that changes the entire game. Why Gold…
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