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Gold is down @7%. The $US is up some 2%. And the 10 year yield is basically unchanged!
IMHO, this is a huge BLUFF! With something like $3 trillion of debt needed to be rolled over later this year and $36 trillion of National debt, even a 25 basis point raise would be devastating!
We’ve seen this smoke & mirrors show before where the financial media portends one thing, yet the Working Group on Financial Markets works behind the scenes, pulls the strings to accommodate certain parties. Yes, we’re playing in a completely rigged game, and I firmly believe we won’t see an accurate reflection of real prices for the metals until TSHTF!