Loading ...Word is the Warsh announcement was just more Kabuki to spark the selloff.
If the broads start to sell off, expect a change back to a dove to bring in programmed trading.
Along with some good old currency debasement acceleration of course.
They will sacrifice the dollar every time because the public is still oblivious for the most part.
They will get caught in a ‘doom loop’ if they do that of course, with bond yields heading north, which should leave PMs last man standing.
The march higher for PMs could return far more quickly than more tempered appraisals would estimate.
Thing is, the feds have to stay ahead of the curve now because of currency debasement diminishing returns.
The current situation has ‘crack up boom’ written all over it.