The Federal Reserve has cut rates for the first time in eleven years. So much is different about the world today compared to back then.
Silver has gone up 6.4% this week alone. On the 17th, the ETF saw its largest inflow since early 2013. This is definitely beginning to resemble a bull market, but just in case it ends up being only a sharp rally, lasting weeks or months instead of years, we’re cashing in like NEVER BEFORE.
The FED, led by James Bullard, president of the St. Louis Federal Reserve Bank, are fighting to keep a lid on what’s happening with gold and with Bitcoin.
In the past 10 years, the acceleration of the process of widening wealth gaps in the western world has morphed from an just being an economic problem and it is now also a social one.
Don’t confuse a rally (a momentum trade) with a bull market. By all modern measures of calculations, gold is, indeed, in a bull market, but commodities, in general, are definitely not.