gold, page-104968

because interest rates are still on the way up and probably will be for some time.

Care to share your target fed funds rate? How high do you expect it to go while the worlds markets sit on a knifes edge?
I'll put it out there now... 1.5% MAX. A pathetically small amount, which is all this pathetic debt riddled circus can handle.
Chart below shows the diminishing returns of tools the FED have.

Last time inflation was over 5% was the 1970's... look how high the fed funds rate went to reign that in....
It went up to 20%.

What's gonna happen when FED raise to 1.5%, inflation is knocking on 10% and the markets are at breaking point?
I have 2 predictions:
- Gold will run, hard
- Skol will continue to post here that gold is worthless.


This chart resembles a crypto $h!tcoin ... seriously would you buy into this chart, expecting a new uptrend?
Of course not. So why would you buy or trust USD?