Loading ...Concur about rates. Gold cannot be stopped by raising rates like they did in the late 70’s. If they do that it will blow up the deficits. That’s why Trump is yelling so hard at Powell about rates, he wants to spend like a drunken sailor but is having problems with financing that debt.
Funny thing is that the Fed seems to have lost control of rates and the bond market, and they are already way behind the curve. Trump is trying to set them up for anything bad that might happen to the economy. I’m not sure the American public is smart enough to understand any of it.
Another pretty good day. If this is all we have to endure in terms of a pullback, I’d say we’re in a very strong bull market.