If I sell my gold, it will be because things have gone to hell in a handbasket for either me personally or the world in general. I should buy more gold.
Rome ran out of trees to smelt metals and it was game over for Rome. Currently there's a shortage of metals to electrify our vehicles, homes, and power grids.
The Fed has clearly stated it has no intention of lowering rates before the end of 2024, but the market keeps wanting to get high on the fumes of hope.
The last 3 days in the market are an example of how foolish it is to attempt to trade the market based upon news. They are all making it up and have no idea what is going on.
The Fed was the culprit in raising inflation. Market forces in the geopolitics of oil have now taken over in driving up inflation, and there is NOTHING the Fed can do about it.
The Fed is at the center of all of the plots of the deep state to destroy us. Ron Paul has waged a heroic battle against the Fed. The slogan, “End the Fed,” is forever associated with Dr. Paul.