Again, you should expect the U.S. Dollar Index to anticipate the eventual Fed policy reversal and begin moving lower well in advance. When this happens, the all-clear can be sounded and..
Our interest rate system is like a wrecking ball. It swings to one side of the street and destroys one side of town (the falling interest rate). Then when it swings to the other side..
As a matter of fact, things could not be looking worse so far for my “anticipation” that we’d likely see a “horrendous” October surprise to start the plunge..
Yellen notes that the supply of Treasury debt has climbed by about $7 trillion since the end of 2019, but large financial institutions haven’t stepped up as purchasers.
There are also times when the price of gold can go down, sometimes dramatically so; and for long periods. This has nothing to do with gold and everything to do with the U.S. dollar.
Gold is behaving terribly this year, plunging 17.9% between mid-April to late September! That has left even hardened contrarian traders disheartened, increasingly wondering if gold is dead.
