Comment by
Crashcomingsoon on Feb 13, 2024 7:33pm
The irony is it's because inflation is too high. So, is Bitcoin or the US$ the new inflation hedge ?
Comment by
Crashcomingsoon on Feb 13, 2024 7:40pm
But wait, what's this ?: Gary Savage's Bold Call for $10,000 Gold | ZeroHedge Excerpt: Gary predicts significant moves in commodities, such as gold reaching $5000, and silver hitting $100 or even $250. He also anticipates oil prices potentially rising to $200
Comment by
unclebobby on Feb 13, 2024 8:28pm
They have been saying that for years, it the clock syndrome. Even a stopped clock is right twice a day
Comment by
Crashcomingsoon on Feb 13, 2024 10:13pm
Well, since he's expecting a 20% stock market correction in March which would trigger a Fed liquidity response, we don't have long to wait to find out.
Comment by
Crashcomingsoon on Feb 13, 2024 10:20pm
I would also add that I don't think the past 35 years of reckless Fed monetary policy will be without severe consequences. And the fiscal insanity has created a national debt that is a ticking time bomb.