The advances in AI technologies are positive from an economic point of view, and from humanist and spiritual points of view. Despite the dangers from the State having first access to them, they’ll turn out to be very liberating on all levels.
The next time you see the COMEX gold price rally up to a critical resistance point and do so while total contract open interest rises sharply, be prepared for the sharp reversal and pullback that is very likely to follow.
A more interesting question than who will replace Powell is why would anyone want to, since the next Fed chairman will likely face another Fed-caused meltdown.
