The war is not going to end as it is in the interests of the...

First 107795 Last

Share
Profile

Follow
slange

10,251 Posts.

3865

11/03/22

19:23

Post #: 60146932
Share

Originally posted by JimmyD75: ↑

I've been reading this thread with interest over the past few weeks and I've noticed there are some very extreme views presented in here.

There is no doubt the Russian invasion of Ukraine and ensuing global uncertainty has helped the Gold price ratchet up a lot higher in the least 3-4 weeks. The likelihood is though that in the medium term, Gold will face headwinds, as US interest rates are a certainty to go up from here, also pushing the yield on 10-year US treasury bonds higher.

Some experts believe that if the Fed hikes rates 7-8 times between now and the end of 2023, then 10-year treasuries will be yielding about 4% by then. If that happens, the only way the Gold Price will be well above US$2,000 as many in here suggest, is if either inflation is still persisting at high levels similar to what we are seeing now, or alternatively (or concurrently with persisting high inflation), the war is still not over.

If it's the latter, it might not just be a war between Russia and Ukraine by then, in which case a lot of us probably won't be worrying about the value of our gold stashes or other investments. We'll be worrying instead about possibly being conscripted. I guess what I'm saying is, be careful what you wish for.

Expand

The war is not going to end as it is in the interests of the Western ruling class to prolong it.
If you think that the Fed is going to raise 7-8 times then you should think again.
The Fed is no longer relevant in this game apart from interference to slow the game down.
Being conscripted isn't a concern. Being vaporized is.
4 Upvote

0 Great analysis

Reply