Why are the prices of Silver, Gold, and Oil FALLING despite the fact that the

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Christian S

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Fed lowered interest rates MORE? Why are the prices of Precious Metals (Silver & Gold) FALLING to record lows and the price of Crude Oil falling as well DESPITE the fact that the Fed lowered interest rates MORE???

Some news articles reported that Government data revealed that demand for gasoline and oil actually dropped despite it being INELASTIC. Could someone explain please?
 
silver and gold aren't dropping to record lows, but rather, they are crashing from their record highs. gold went from like $600 to $800 an ounce to like $1050 an ounce in a year and at its high, it went back to $900 in like 3 days. these are all guestimates, but generally correct. why is it crashing? because it's a hedge fund. it's where everyone puts their money for "protection" from other investments. now that everyone thinks the market is going to start going back up, people are taking their money out of gold to invest in other things like homes again and the stock market.

oil is going back down because of inflation and everyone is poor right now and can't afford $3.60 a barrel at the moment so therefore, demand for oil is down which in turn drops the cost per barrel of oil.
 
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