JP MORGAN 2022 "GOLD AND SILVER GOING DOWN"JPMorgan 2022 forecast...gold to go down to $1500"s due to rising interest rates. SILVER to go down as well!
Three separate quarter point interest rate hikes in 2022 is the reason apparently along with reducing the juice of the taper.. ...We would need 40 quarter point rate hikes to match Paul Volkers 10% rise back in the 80's (of a quarter point)
WHAT WE HAVE IS A DEBT... MONEY PRINTING AND INFLATION CRISIS WITH NEGATIVE REAL INTEREST RATES OF 5-8 %... CLOSER TO 10% IF THEY CALCULATED THINGS LIKE THE OLD DAYS.
WHEN YOU HAVE A CRISIS PEOPLE TURN TO GOLD AND SILVER...JUST BECAUSE JP MORGAN CAN SPOOF THE MARKETS WITH PAPER DERIVATIVE PRICING PLEASE DONT INSULT US WITH BULLSHIT. BE NICE TO COME CLEAN AND SAY YOUR A PROXY FOR THE FED WILL DO EVERYTHING WITHIN AND OUTSIDE THE LEGAL PARAMETERS AT YOUR DISPOSAL....PAID A BUNCH OF FINES IN THE LAST YEAR
THIS NEEDS TO BE ADDRESSED AS A CRISIS...THEY CANT RAISE RATES BECAUSE OF THE MASSIVE DEBT IN THE U.S. THEY HAVE AN INFLATION PROBLEM WITH NO SOLUTION UNLESS THEY WANT TO KILL THE ECONOMY, STOCK MARKET, ASSET BUBBLES.
NOT SURE WHY GOLD IS SUCH A THREAT FOR THEM....VOLKER CLEARLY SAID WE MADE A MISTAKE BY NOT LIMITING THE GOLD PRICE BACK IN THE DAY....PERHAPS IT IS AS CLEAR AS ROSTIN BENIMN CFTC SAYING THEY WERE ABLE TO TAMP DOWN THE SILVER PRICE BEFORE IT GOT OUT OF CONTROL.
NOT A FREE FUNCTIONING MARKET THAT IS FOR SURE....OH THEY SAID ALL OTHER COMMODITIES WILL DO FINE AND PRICES WILL GO UP.
LET EM HAVE IT AND KEEP BUYING SILVER...ONLY 89M OUNCES LEFT ON THE COMEX!