@GaryBohm5 I do agree that this situation is temporary. Regardless of what they do in the short term. I am just flabbergasted at how many folks think that raising rates has any chance of solving this debt crisis long term. And that gives me pause. Because I don’t know enough to be sure
@GaryBohm5 Gary, can you steal man the argument that many learned individuals in the space hold, which is that the fed WOULD actually raise rates and attempt to balance the debt on the edge of a pin regardless of the futility of the task?
@MacroAlphaHQ The absolute size of the debt equates to catchy thumbnails? Chuckle. Well, that’s a thumbnail isn’t it? Schiff is a ding dong. But he makes a good straw man for twitter hucksters to make bad faith shocker statements for engagement. Fucking say something next time you twat. Lol
@bozkaschi Gold is doing its little run up to the fomc meeting notes release at this moment. More economic data likely showing a weaker economy tomorrow. Add that to a Trump love bomb tweet touting renewed negotiations with Iran on Monday morning. We may not see gold below 4k
@bozkaschi I’m not on margin. So, If it drops a few hundred dollars to 3500, it’s a buying opportunity. And yes. China is buying heavily. And that too, is good. We are right where we are supposed to be. I added to some of my juniors today, when gold was 30 dollars cheaper than now
@IntlStacker Honestly, the FOMC meeting wasn’t nearly as hawkish as the markets interpreted. So, I don’t see any love coming until the cuts actually happen
@TheApeOfGoldST Gold is looking for an excuse to break 4200. Jobless Claims, housing sales as well as FOMC notes edited towards a more dovish tone than the the initial fabricated market response a few weeks ago ought to be considered as catalyst. Top it off with a Trump love bomb to Iran Friday
@felixprehn It’s titles like “ It’s all over “ that make you an unserious and self centered hack. Your ratings and viewership have been dropping since April . Good riddance man.