Loading ...I second that, well said. Maddog should keep that post on the side notes as what we dealt with through time.
I think they’re waiting maybe even coordinating what the Feds decision will be to cut interest rates or not at the end of the month. If they do it’s likely PMs will jump. If they don’t, then more of the same or could go the other way and will be waiting till a September decision next. Perhaps a cautious accumulation ahead as it gets closer to the end of the year.
Perhaps it’s not about keeping PMs down when they have wall street money and banks to do that for them or the economy they’re worried about as much as keeping the stock market up pre elections and the banks solvent they’re more worried about.
Inflation isn’t just about housing and loans anyways and their inflation numbers don’t reflect the true all around economic impact either.
It’s hard to say if they will even cut rates for fear of sparking more inflation before the elections too, depending on what’s going on.
The demos were causing even more dollar devaluation by spending as much as they could as fast or faster than the Fed could raise rates to counter it.
In the long run we will be in the right place by default lol because we have foreseen they already set the seeds to destroy the economy no matter who gets elected but we certainly don’t want more of the same from them pouring gas on the fire.