Interest Rate To Spike To Above 8%, Trigger ‘Depression’, Wipe Out Wealth | Felix Zulauf
First 3 minutes is an advertisement — then the interview starts.
My comment –> WOW …. just wow!!
https://www.youtube.com/watch?
37 minutes
First 3 minutes is an advertisement — then the interview starts.
My comment –> WOW …. just wow!!
https://www.youtube.com/watch?
37 minutes
Others have been talking rates also.
But not 8%
More like 13, 15, or higher.
Not tomorrow of course.
But C as in Contagion won’t be far from my lips at that point.
QE announcement (when it happens, latest Q2 of 2024) will cause interest rates to spike? I continue to believe that this time IT IS REALLY DIFFERENT. Because interest rates will be out of control of Fed’s quiver of wet noodle arrows.
That celebration of Putin and King Salman was not just a photo-op.
Tech CEOs are selling their holdings like never before.
But the retail bag holders are celebrating S&P nearing all time highs, for they are somehow still blind to the inflation-adjusted S&P (which if it were in a bull market should have been 1.4 – 1.6X of its previous all-time high of 4800 or so). This is why gold, despite being at all time highs itself, is multiples lower than its inflation-adjusted high.
I used to scratch my head over Ron Rosen’s running flat correction “sermon”. I have been enlightened by him. S&P could see nominal new all time highs and yet be in a correction!
2024 will be an year to remember.
Thanks for reading my digressing thoughts (or not, LOL)
GL
“I used to scratch my head over Ron Rosen’s running flat correction “sermon”. I have been enlightened by him. S&P could see nominal new all time highs and yet be in a correction!”
Yup. That’s the B wave call I keep tracking.
And is RR still out there running his Delta charts?
Its been YEARS (10?) since I’ve read of him.
About two and half years ago was when Ron Rosen posted last at 321gold.com
http://www.321gold.com/editorials/rosen/rosen042921.pdf
Since he is so senior, I sincerely hope he is alive and well.
GL
Zulauf said he thinks the recent spike in gold could be a top.
He said also that the rise from 1800 happened despite a rise in interest rates but if I remember correctly even in the 70’s Gold went up during a rising rates environment.
If I recall correctly, Zulauf said the POG spike was a short term top and that in 2H 2024 it will break MUCH higher.
He mentioned a statistical trigger point for the breakout but I don’t recall what it was exactly………anyone catch it???