With totally benign inflation in the US and struggling growth and all leading economic indicators flashing red it is plain weird to even be talking about raising interest rates.
Its a sign that things are totally out of control now and denial is the order of the day.
No recovery since last 'crash' in 2007/8 and business cycle back to crash time but worse and interest rates at zero so that is the worst ever situation now.
China currency in IMF SDR world reserve basket imminent now. Shanghai Gold Fix imminent now. Financial and economic indicators at 'RED' zone now. China and gold buyers continuing to not over analyse low prices but buy and hold at these levels focusing on big picture and long term game plan. Only a matter of time before full fracture of current paradigm. Will be tow markets - paper and physical soon enough.
No fear. Keep buying at these levels. Its not about some notional price but grams/kg's of precious metals. Time will bring its rewards whether that is next week, month, year, whatever…
