Markets act as predictors. A solid up January may be portending only a mild slowdown. But many risks remain and a mild slowdown can suddenly become a hard landing.
Indeed Gold settled yesterday (Friday) precisely at 1923, its first weekly settle above 1900 since that ending 22 April. Is this finally the squashing of those who arguably suppress price?
The US government has become the world’s largest brat, using fiat and debt to relentlessly bully citizens at home and in faraway lands. What happens now?
This past week provided yet another surprise reaction to an economic report, which seemed to fool most investors yet again. It seems many simply do not learn their lesson.