Trying to “run” Venezuela is a bad idea from every point of view. Especially while the US government is engaged in similar misadventures in a half-dozen other places in the world.
Maharrey uses the forecasting chaos as a metaphor. Weather is hard to predict in real time because small shifts change outcomes, and he argues markets and the economy work the same way.
The confidence level has been in its recession zone all year. Now it has landed in the ruins of a burned-out basement. Real inflation, tariffs, and trade were high on everyone’s minds.
For years, the documentation of Western gold price suppression policy and its purposes has been repeatedly supplied to the Financial Times and other financial news organizations...
Gold has repeatedly pulled back, found buyers quickly, and rebuilt from higher bases, which is typical of long-term allocation rather than speculative excess.
Allowing a secretive central bank to control interest rates and the money supply is the reason the purchasing power of the dollar has vastly declined...
