Panic reduces oxygen supplies to the brain. This results in making investment decisions out of fear. Rational thinking and prudent thinking go for a toss.
As if the thimble-riggers at the Fed didn't have enough to worry about, the dollar turned rabid last week, threatening to transform America's still-undeclared recession into..
Just remember for the stint from 2004 into 2006 as the FedFunds Rate rose from 1.00% to 5.25%, the price of Gold increased 59%! We can thus get started with Gold 1900, then Gold...
The bottom line is today’s big inflation will spur gold investment demand, driving gold prices much higher. This first inflation super-spike since the 1970s is fueled by the Fed’s extreme QE4 money printing.