What Happens to Gold When the Fed Stops Hiking Rates?.
More importantly what happens to gold and silver when the Fed actually starts cutting rates.
https://x.com/EdwardGofsky/status/1811861046233358579
....yes, Gary Savage boasted he just bought 100k once of physical Gold, not gold miners.
....yes, but everyone now pre-empting a Fed rate cut, with PPI higher than expected last night, we can't be so sure what Powell will do. The markets have long pre-empted a Fed pivot since more than a year ago, but got it totally wrong each time.
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