Official figure for GDP is +0.6%. Do you believe the "official" figure? Do you believe that the US economy will grow this year? High inflation around the corner. US in real trouble.
The expected 0.25% rate cut will put downward pressure on the US$ and make their oil (and other) imports more expensive.
America IS in recession and I personally think it could be a protracted and harsh recession. Time for a war??? Hope not, but I don't make the rules!
Gold is getting close to low point.
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