Seems like warsh is gonna pull some pages from volcker’s playbook, less transparency and let the market sort itself out. All of this in an attempt to control inflation. All the monetary policy in the world still might not control the inflation, but it could spur stagflation as he doesn’t control the fiscal side.
No 2008 repeat is coming from precious metals. Here’s why.
Every Gold secular bull market truly begins and accelerates with massive outperformance vs Stocks, as capital moves out of equities and into Gold.
That only happens during major bear markets in the S&P 500. The yellow shows the period of those bear markets.
Logistically, you cannot have a true secular bull in Gold and PMs without that flip: a bear market in the S&P 500 while Gold and PMs are moving higher. And it happens early in the cycle.
This is one of the most heart-wrenching videos I have ever seen. It shows the immediate aftermath of an Israeli soldier shooting a 7-month old Palesinian baby in the head, stealing his life.
It shows that the car with the Palestinian family had stopped. Yet the Israelis shot.
The father is holding his infant son in his arms as he bleeds to death from the shot to his head. It tears you apart.
This is the daily life of Palestinians under Israel's US-supported occupation.
You never know when you will be shot in the head. It can happen any time, for any reason.
And the world approves.