Loading ...The last time my account balance chart of my miners was this high was late April. A saucer bottom formation. about an 8-9 month belly, also called a rounding bottom. It forms when that security’s price has reached a low and begins trending upward. Well this was a group.
I STRONGLY suspect the Fed is watching Gold in their fight against inflation, but they won’t admit that. The manipulators like use their Media to blame wages or oil prices etc as causes for inflation. What dirt bags. Their free info is all lies or simply wrong.
Anyway, they obviously are way behind the curve with raising rates. They already did lots of Collateral Damage to stocks bonds and real estate, but not hurting Gold or Silver. Does ANYONE besides me LOL, realize how high Gold would be today if they didn’t raise the rates from 3% to 7% on mtg loans?
Do the Fediots really have the BALLS to keep raising rates?? Its time to be happy.