Schiff on WTFinance: The Fed Is Trapped and Gold Is Winning - SchiffGold.com
Schiff on WTFinance: The Fed Is Trapped and Gold Is Winning - SchiffGold.com
Source: SchiffGold.com
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DW NOTE
The Fed hiked into a supply shock that's cut global oil flows by 6% and pushed the 10-year to 5.26%. Gold is down 21% from its January high of $5,318. That's not winning — that's repricing the cost of holding an asset that pays nothing when real rates finally turned positive.