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The FRB has assured that they are not going to invert the yield curve. But that means that long-term interest rates are going to go up. Well, two things are happening, increases in overnight bank rates and FRB balance-sheet-reduction. There is no simple one-thing happening.
Finally, the mid-term elections haven't yet happened although the current-administration social-program-agenda seems to have already topped-out.
The FRB has assured that they are not going to invert the yield curve. But that means that long-term interest rates are going to go up. W
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it is not up to the Fed ALONE to hold up the yield curve/
tHERE IS gold in those old PCs,they sell them on Ebay and you can extract them with some solution sold on Ebay and resell them on Ebay.
AINT EBAY GREAT??
DXY over 100 and gold and silver doing well
Just an observation
Any comments?
Notwithstanding the fact that the price of everything is determined in part by Supply & Demand, this is an investment issue and not an economics issue.
Quote:
Originally Posted by Taggerung
In 3-5 years, you won't be able to but an ounce of silver, platinum, or gold, for any amount of dollars.
Yes, they will. This is just another one in a long history of failed woo-woo nonsense predictions by you.
Notwithstanding the fact that the price of everything is determined in part by Supply & Demand, this is an investment issue and not an economics issue.
Yes, they will. This is just another one in a long history of failed woo-woo nonsense predictions by you.
Predict often is the first rule of predicting, then hope people have short memories
The strong dollar is going to help many people with US-based income that live in (some) other countries. I'll be back in Germany next month for a long-term stay (2-3 years or so) and all of my retirement income comes from a US corporate pension and from my US-based IRAs. The current USD-Euro exchange rate is about 1.08, and last year I was usually getting an exchange rate of around 1.18. That will give me a roughly 9 percent improvement in cost of living. Of course, that could change quickly depending on many events, but at least for a short term it will be a plus.
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