They'll hike until it breaks....Which means stocks go much lower and that includes gold and gold miners. Until something big breaks there are only headwinds for gold and gold miners.....you need the big flush....a crisis....something really drastic to prompt the stupid FED to reverse course....until then you're going to be frustrated and will lose money. Once everything is on fire then gold will be the go to asset.
Trust me....if they actually tried to get to 6.5% FED funds everything...and I mean everything...will implode.
So we're not too far from the moment you want to back up the truck....Another rate hike in March, May and June....I would think by then the wheels should be coming off the cart....a few more months to either tough it out, start building your positions or play the short side and wait on the gold plays
CNBC Fed can't tame inflation without 'significantly' more hikes that will cause a recession, paper says
Bloomberg Fed May Need to Hike to 6.5% to Cool Prices, Study Says
CNBC Fed can't tame inflation without 'significantly' more hikes that will cause a recession, paper says
Bloomberg Fed May Need to Hike to 6.5% to Cool Prices, Study Says