Is Powell finally going to admit to this recession in the US? If so, get ready...
There will be initial carnage but it will also be the catalyst for the grand movement towards safety and gold. Everyone will be changing their investment strategies and the way they think once this is confirmed.
My thoughts are that the Biden administration will be whispering in his ear to play it all down and keep the dream alive (at least until November mid terms). However stranger things have happened. Regardless, with the way the US are printing money and coming up with new ways to screw their working population (the latest being the student debt cancellations and latest 3.8bil for Ukraine), we will get the crash in the next 6 months regardless.
If we have to wait another 3-6months then so be it, but its going to be coming. The spring just tightens more and more..
Best looking weekly chart, page-1084
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