RE:RE:RE:RE:RE:Gold
As for the stock market overall, I am still sticking to one of my early posts here when I began posting again and said we are in a bear market rally and the June S&P500 lows would be taken out and the market will then head lower.
And/or...the tanking stock market will be with us until the FED pivots and abandons its bogus inflation fight and monetizes a flood of new government spending to pay the bills and try and prop back up a badly beaten up economy.
And the FED pivot, as i said in my previous post today, will come sooner than most think as the Fed is no tough guy outfit it pretends to be.
So when it comes, inflation will creep up and then soar later in 2023 and beyond.
The FED will lose face and credibility it could never deal with inflation.
Lose credibility with investors so taken by every word of Fed-speak currently, they bolt just as hard in the opposite direction into safe haven gold to protect their wealth from the coming consequences of more rounds of QE. That being, a devaluing dollar, currently at its high point, but vulnerable to devaluation in what's soon coming.
Prepare...Get ready ...Watch closely each day now and keep your eye on the Fed as well as outside world conditions and leaders conspiring to greatly affect the POG in the not too distant future.