Oh it’s such fun to see the Fed being played, if not by the government, then by the banks! Now however, both interests are aligned in attempting to persuade Fed Chairman Powell to keep the monetary punch bowl well filled, or risk yet another market ‘hissy-fit’. Hence the management of expectations for an entirely unreasonable […]
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For Gold bugs, wouldn’t you rather invest in a miner, where its production currency had contracted by almost -20% relative to gold’s principal selling currency, the US dollar? Unfortunately, when the currency in question is falling due to political instability and government threats of confiscation without compensation of property based on race, then the answer […]
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