RE:RE:GOLD - STRONG BUY
Rates will come down this summer most likely now a couple of qtr point cuts most assuredly in the face of data dependency abandonment.
The forward leaning markets currently bolstered by the Fed's so-called data dependant pivot back in the 4th qtr to lower rates, is running short on ground space to prop up Biden's flagging ratings in time before the Nov. election.
The markets anticipate this at any rate and the Fed will soon give in. What they don't see is the debt and financial crises the Fed is already stumbling through.
The stats to prop up the labour market and the economy is for the most part, govt. fabrication of the numbers to paint a rosy and robust picture that is in no way real.
Under reported inflation boosting false GDP stats built solely on govt. and consumer spending to tip the GDP out of negative territory is anything but healthy.
The Fed is faced with bailing out the banks with their commercial and residentual mortgages locked in at lower rates in this higher rate environment, that along with innumerable govt. commitments rolling off the bond sheet the Fed may be faced with to the tune of $12 trillion dollars the government will look to - for the Fed to buy up and monetize.
All this spells massive inflation to rise up into the double digits in another year or so.
The Fed has already lost the inflation fight with inflation edging up each month now with QE in stealth mode about to go mainstream.
Forget geo-political world tension - foreign central banks are buying gold to hedge agaist inflation and to back up their currencies with all the gold they can get a hold of and will do so on a continued and steady basis going forward over the next few years.
Those talking down gold now haven't got a clue.
Mainstream investors, the funds and institutions haven't caught on to the real play building with gold yet either - still they languish under the spell of all the bogus Fed-spin that is going to explode in their faces over the next year.
Gold is the real play .
Get in while its still early.
AMK is a good place to start.