Loading ...One thing is for sure, they can’t stop debasing the currency/system like they used to do … not with all their growing commitments and ballooning deficits.
They spend money like drunken sailors on steroids now.
Thing is, they have held off on ceasing Quantitative Tightening (QT) in front of the election for optics but need to get on it right afterwards with bonds ready to melt down without QE to keep yields suppressed.
So, the question is how long they will go post-election before QE is rolled out and the bull market in the metals really gets going with negative real yields trending down again a la the stagflation these geniuses have already guaranteed in terms of an outcome moving into next year.
If markets are still future discounting mechanisms … the answer should be not long.
Cheers