Even if inflation ends today, the Fed will wait several months before cutting rates. Meanwhile, new home starts and permit applications have significantly declined.
Gold and silver faced pressure this week, staying in a narrow, directionless trading range. This might seem frustrating for investors, but Jan Skoyles reminds us that's why we like it.
I have to scoff at the pros sitting on their butts in the wet sand. Even with the Fed telling them consistently that the battle is far from over, they don’t want to see it.
Gold tends to perform well during economic downturns and periods of geopolitical strife. It has also historically charted good returns when there is a lot of market volatility.
The U.S. and world economies are dying. Maybe it is not apparent to some, but it will be soon. The worst part is that a painful withdrawal is no longer an option.
