Here is a look at solid gold, Fed preparing to pivot with economic trouble dead ahead, and who will pay the electric bill?
July 27 (King World News) – Egon von Greyerz: Gold is a monetary metal, a store of value. It’s not a tech or growth stock. It’s loyal, and as such, it consistently surpasses its prior peaks, especially in the backdrop of rising inflation. Stated simply, its bull market has yet to begin.
Up Then Down?
Steph Pomboy: I expect this FOMC to go down like the last one. markets rallied hard (+303pts) on announcement then sold off twice as hard (-741pts) after sleeping on it.
2008 All Over Again
Steph Pomboy: Employment (the laggingest indicator out there) is what the Fed is hanging its hat on. THIS faux “strength” imbues their confidence that economy can handle rate hikes. All evidence (see housing, Corp credit downgrades, etc) to the contrary. By the time employment is slackening to the degree the Fed “wants”, we will be in 2008 all over again…
Billionaire and mining legend Ross Beaty, Chairman of Pan American Silver, just spoke about what he expects to see in the gold and silver markets and also shared one of his top stock picks in the mining sector CLICK HERE OR ON THE IMAGE BELOW TO HEAR BEATY’S INTERVIEW.
Ready To Pivot?
George Gammon: Fed raises by 75 basis points and 10 year yields go down…Move along, nothing to see here.
Fed Loses Whatever Credibility Was Left As
Yields Go Down After Fed Hikes Rates
Economic Trouble Dead Ahead
The Daily Shot: The Treasury curve hasn’t been this inverted since 2000.
Now That’s An Inversion!
Another Day, Another Inflationary Parabola
The Daily Shot: French electricity prices are hitting record highs.
Who The Hell Is Going To Pay The Electricity Bill?
ALSO RELEASED: Stocks And Gold Rally As Fed Hikes But Look At These Two Stunning Charts CLICK HERE.
ALSO RELEASED: JP Morgan Traders Rig The Gold Market While Gold Derivatives Explode CLICK HERE.
ALSO RELEASED: Greyerz Warns U.S. Has A Huge Problem, Plus A Stunning Big Picture Look At Silver CLICK HERE.
ALSO RELEASED: CONTRARIAN ALERT: Traders Bet Gold And Miners Will Continue Historic Plunge CLICK HERE.
ALSO RELEASED: Putin Has Russia Booming But The West Is In Serious Trouble And China Is Doing A Major Pivot CLICK HERE.
ALSO RELEASED: Central Planners Can’t Hold Down The Price Of Gold Much Longer CLICK HERE.
ALSO RELEASED: Bullion Banks Massive Short Covering In Gold & Silver Markets CLICK HERE.
***To listen to Gerald Celente discuss why the price of gold today should be $2,500 and silver $70-$100 as well as what surprises to expect in the back half of this year CLICK HERE OR ON THE IMAGE BELOW.
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