Bulls can afford to be patient, since anyone with half a brain can see that a global financial crisis is brewing that will become a source of urgent demand for gold (and, yes, for dollars).
The marshal is in the middle of Main Street flip-flopping around like a landed flounder in a hot desert because Powell is playing election engineer to help Biden beat out Trump.
Mooney’s question about Federal Reserve interventions in the gold market echoes concerns raised by some traders and policymakers that the Fed may be surreptitiously managing the gold price.
Executive Director Cortez: "As inflation eats away at American families, the Sound Money Index holds states accountable for their policies impacting sound money."
Powell doesn’t understand the numbers he is working with if he actually believes, as he claims, inflation has been going down each month for several months.
