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clock Created with Sketch. 06/11/22
11:13
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Originally posted by Maccajohn:
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All metal future prices up a lot overnight - gold up 3,36%, copper 8%, silver 7.64%, etc, ” In my view the Fed will pause to assess the impact on inflation (when I don’ t know but probably after March 2023) and POG will probably rise a lot with US dollar much lower. However, given how much the money supply increase from Feb 20 to Jan 22 by about 37% (unbelievable) way above any past trends, and has fallen by only about 1.5% to end of October, I anticipate the Fed will be back increasing rates again after a pause as there is just so much money still in Consumers pockets to keep buying goods and services pushing inflation. I will publish a chart to illustrate my views.
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Gold Up 3.36% overnight is bit of a stretch.
