Sive Morten
Special Consultant to the FPA
- Messages
- 18,690
Good morning,
Following his human being ambitions, J. Powell will struggle inflation as long as it could, using all tools that are only possible. It means that rate should remain high as long as the US economy lets. This puts short-term pressure on gold that could drop back significantly, even back to 1600-1650$ area. But in a longer-term upside rally inevitable.
Following his human being ambitions, J. Powell will struggle inflation as long as it could, using all tools that are only possible. It means that rate should remain high as long as the US economy lets. This puts short-term pressure on gold that could drop back significantly, even back to 1600-1650$ area. But in a longer-term upside rally inevitable.
