Gold…
— Gold Telegraph ⚡ (@GoldTelegraph_) September 23, 2024
Today, another NEW record high in US dollar terms.
In other words,
The dollar is getting debased rapidly vs. gold.
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Like the 2nd Amendment protects the 1st. Lead protects it all. I’m betting on lead.
BOTH
The FED has been debasing the dollar for decades. The recent FED rate cut was only their most recent debasement. Lowering the FED rate when the markets are at all time highs was clearly not called for, however, it was a political decision. The FED lost all credibility. Inflation will only go higher. Gold is telling the world that the FED is clearly foolish. Who is $ John Galt?