GOLD 0.51% $1,391.7 gold futures

Well Well. Big plans for the fed. Unwinding of 4.5T bonds over...

  1. 4,120 Posts.
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    Well Well. Big plans for the fed.
    Unwinding of 4.5T bonds over 30 months which indicates that interest rates will rise.
    First rise possibly in Dec but ( I doubt it) very slow interest rate rises over the next few years.
    I wonder how they intend to maintain this schedule with a growing deficit now at ~20.2T that they can not control, another hurricane now hitting the gulf not long after Irma.
    Economic growth is continuing modestly so job market will improve further?
    Amazing how things are positive in the US but any higher valuation of their $ would be disastrous for the competitiveness. Balance that Janet.
    Imho, if you can believe that, you could believe anything.
    I know where my money is going.
    Right where it is, Gold.
    Wack.
 
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