Why Are The Markets Wrong? - SchiffGold.com
Why Are The Markets Wrong? - SchiffGold.com
Source: SchiffGold.com
―
DW NOTE
Gold is down 23% from its January high while the Strait of Hormuz remains effectively closed, global oil production is down 8.0 million barrels per day, and the US deficit runs 3% above last year's pace. The market is pricing in resolution that has not occurred and fiscal discipline that does not exist.