Loading ...Around the middle of 2020 the ten year bottomed at around 1/2 of 1%, and gold was around $2,000. Today the ten year is about 3.72%, that 644% higher. And today, two years later with rates 644% higher, Gold is STILL around $2,000/oz. If the Fed did NOT raise rates, Gold would be probably $4,000/oz today. So the Fed can’t possibly win against Gold without raising rates even higher.
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