There is also the potential for a full-blown liquidity crisis and wide-scale bank failures. In that case, expect short-term interest rates to soar on the upside.
Israel is preparing its attack on Iran now, according to The Sun, not the most reliable source, but consider all the facts, and it seems almost inevitably true.
The sizable decline in the Fed’s balance sheet is not inflationary. An increase, though, would be inflationary, as we experienced post-2008 and post-2020.
Complaints about gold price manipulation gained attention this week from the Official Monetary and Financial Institutions Forum, a prestigious group based in London.
