A couple of key issues to lock into and keep in mindNot to be taken lightly. Not to be forgotten after reading them.
-Interest rates aren't just coming down due to faked inflation stats, they have to - easing of monetary policy with it, all in order to keep the economy on the verge of imploding up and running.
The markets have priced it in 100% already and the Fed will comply.
Along with lowered rates, the next government (whomever) will be as spend happy as ever, kicking time lag inflation manifestation down the line.
Its that line in the sand where inflation becomes hyperinflationary or getting close to it.
As I've been saying over on the AMK board the last couple years, we will be entering into a time where the next round of cuts and QE will arrive unnavoidably.
Iv'e been saying (all along) that time will arrive by the Summer of 2024 and it has.
Govt. spending/monetary easing and Fed monetization of that government spending (inflation) takes some time to work its way through the pipeline and into the economy, manifesting in higher production costs and ultimately runaway higher consumer prices.
With the level of spending to come - unnavoidably now, and with the Fed assisting by monetizing ever more debt, the inflation manifestation time lag will be shorter in duration. About a year, give or take before hitting consumers.
Levels of manifest inflation far exceeding what exists now are going to bury the average consumer in debt - and the nation in the eyes of foreign bond holders of government debt.
This as i have been saying - will become a day of reckoning for the Fed in losing face with the nations affluent upper crust of society over inflation, and gold will explode upward in price with more than enough interest alone from the upper 25% of the population driving it skyward in a frenzied panic.
Its closer now than many think.
-The other issue is on how Fed-speak bs is used to coordinate algorithimic automated buying and selling progamming.
The gdxj hosts a slew of prominent juniors in their corral. Real players in the junior mining field - check it out.
Algo trading bound up with biased bs has its hooks deep in the gdxj - Watch the up and down sp movement daily there and see for yourselves how up and down sp movement there coincides most of the time with the up and down movement in the share prices daily of most of the junior miners and explorers.
The shorts sure know how to use the gdxj on its down days and go to work extra hard with the negatorys that in real terms, bear liitle to no significance in the overall scheme of things wherever they instill bogus doubt.
By the way - Larry - a disclamer just for you - None of this was taken from AI as i dont use it, never have and likely never will.