Loading ...Big assumptions. I’m not sure the Fed can stop rates, outside of QE. I don’t see them doing that anytime soon. Maybe if there are blow ups in banks. They won’t do it for the SM, at least for a long way down. In 2001-2 the Nasdaq dropped 80%.
What does gold look like when rates hit 12%?$1K? 80% of the shares won’t exist.
Government debt is already damn near unserviceable. The dollar won’t fall until it doesn’t exist because of of the index. Right now though, it’s the only place to hide.
It’s a mess that they will never allow gold to fix unless forced, and who will force it?