GOLD 0.51% $1,391.7 gold futures

Even I can see Powell won't have the nuts to "hike rates" (& it...

  1. 3,268 Posts.
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    Even I can see Powell won't have the nuts to "hike rates" (& it has nothing to do with Trump wanting negative rates...). Do you have any idea what would happen if rates were hiked? If so, please let us all know because I would be very interested.

    The FED (& all CB's) have got themselves between a rock and a hard place....and I suspect you know that as well as the rest of us and I also suspect you know why Trent.

    In fact, Mr Powell - if you are reading this....PLEASE, PLEASE raise interest rates....I dare you!! But he won't do it...because he also knows it would bring on such a financial collapse "the likes the world has never seen" (as Mr Trump would say).

    And, Trent, what do you think would happen to the value of gold (& silver) if he rose rates?? It is going to be fun to watch and I can't wait to see the inevitable fallout.

    Happy days ahead.
 
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