Loading ...Yes it’s crashing right now. We got lame brains in office and every news that comes out is bad news, and more bad choices.
Trump didn’t help either liking low interest rates and debt but so did the left. At least he would listen but no one brought it up till Biden poured more gas on the fire with wars causing fertilizer shortages, and people running to the dollar. Bad for gold.
Plus gas shut downs he caused also driving costs up. The fed tightening and raising rates isn’t going to fix that intentional rise in prices.
What the Fed is doing is bringing gold and stocks down and housing with it that was also over priced anyways. But what were they doing bringing housing prices up buying mortgage backed securities while at the same time raising interest rates? There all lunatics.
When credit starts to freeze up which all these people calling a crash which is already on now, the Fed will have to do something.