The Fed just hiked for the first time in three years. History says buy gold. - KITCO
The Fed just hiked for the first time in three years. History says buy gold. - KITCO
Source: KITCO
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DW NOTE
The Fed hiked into a supply shock it cannot fix. Crude is above $100 because seventeen million barrels a day aren't moving through Hormuz, not because demand is running hot. Tightening now just turns an energy crisis into a recession with expensive oil still in it.