OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Goldie, ferret

Posted by Buygold @ 18:05 on November 3, 2024  

Yeah, I’m not sure what to think about bonds, but I’m not sure they should be selling off with the Fed cutting rates. I think the Fed has a green light to cut .50 again instead of .25 after the disastrous jobs report.

I suspect that’s why we might be seeing pm weakness in front of the Fed meeting, although rising rates and the stronger dollar shouldn’t be helping us either. I remember back in the old Sinclair days, I emailed him about rates and he said if rates are rising quickly it would be bullish for gold.

All that being said, I’d think eventually rising rates will be bearish for the dollar. Usually higher rates are used to prop up a currency. I can’t imagine that rising rates and a strong dollar are what the Fed wants, IF they actually want to boost the economy. OTOH, I’m not sure if the Fed and those that control them, actually want a strong economy, they may try to crash it. Especially if Trump becomes president. There’s been a lot of talk about getting rid of the Fed from the Trump team. Elon Musk has mentioned wanting Ron Paul on his “government reduction team.” I’m sure those in Trump’s inner circle knmow full well that the Fed is a Globalist enterprise and not a friend of the US.

These next few months are going to determine whether the US survives as a country IMHO. There’s no way the people will accept a Harris victory, there’s already reports of cheating and problems in swing states like GA, PA & AZ. He has 5-6 point leads in those states according to reputable pollsters. This is not a razor thin margin election. People know it and won’t accept the shenanigans from the likes of Jamie “ratface” Raskin and the rest of his buddies.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.