If the markets are realizing that the long-term inflation outlook isn’t as rosy as the Fed wants us to believe, it would make sense for yields on the long end of the Treasury curve to rise in anticipation of higher inflation.
Senate voted yes to $1.2 trillion for child gender butchery without parental content; anti-2A laws to seize firearms; and the usual warmongering and welfare state.
For the very first time in 108 years, the Fed just ran at a net loss, and it was huge. To be specific, the Fed reported a loss of $ 114.3 billion in 2023.
Investors are wise to acquire some assets that aren’t dependent on confidence or well-functioning systems, to hold their value. Physical bullion is one of the assets to consider.
Since gold is both an investment and a consumer good, the yellow metal also delivers a positive correlation with equities and other risk assets in a positive market.
