Continuing on inflation
Continuing from this thread because it opens the door for great discussion…
We just got 2 rate hikes in 4 months – acknowledgement inflation is here.
Given whats coming down the pipe policy-wise ( tax/deregulation), how the hell are analysts not pounding the table on PMs here? Does anybody not think inflation will stay steady as a result of these policies?
If it does, we could be at the gentleman’s entry of the decade on PMs.
Dont forget folks, we also have an administration that seems to want a weaker USD as DXY sits near multi year highs, and GLD near multi year lows.
And what happens when the FED cant raise rates above 2.5% or so, because national debt is still $20 trillion+? Are we talking run away inflation and therefore PMs?
I dont see a star that isnt aligned. Unlesss one of these factors drastically changes.
Nice Nick…Agree 100%
The fed has been fighting to Prevent Deflation and it looks like they have done it.
There are some who say the PTB NEEDs higher gold and will Manipulate it Higher
That’ll piss of the Manipulation Screamers.
It would not surprise me that if at some point, Trump is put in an economic corner (Fed actions against his Fiscal efforts) – he could very well start publicly jawboning gold – wouldn’t that be sweet. From what I understand, Andrew Jackson is one of his idols and he was not kind to Central Bankers at the time. I would also be curious to know what Trump’s father’s experience was with Central Banks and depression era monetary policy (gold confiscation). Just musing out loud here.