TSXV:TUO - Post Discussion
Post by
NOMOREROLLBACKS on Oct 03, 2023 11:44pm
HMMMMMMM.!!!!!??¿¿
said.
Interest rates this high are “unsustainable,” Lundin said.
Today’s global economy and financial markets were “built upon a foundation of zeroed interest rates, and you can’t follow that with the steepest and harshest hiking cycle in history without breaking something,” he said. “The chances of a market event forcing the Fed to pivot are actually higher now than ever before in this hiking cycle.”
A Fed pivot could “come at any time, and that’s where a bet on gold at these oversold levels could pay off handsomely,” said Lundin
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