In this week's Off The Cuff podcast, Chris and Mike “Mish” Shedlock discuss:
- The Complete Sham of Corporate “Earnings”
- Now an art of putting lipstick on a pig
- The Growing Revolt
- Everywhere you look, the Establishement is being increasingly questioned
- The Empire Digs In
- More, and more secretive, measures are being past to protect its advantage
- A Brightening Future For Gold?
- It is finally breaking out of its consolidation phase?
The price of gold has long been in a consolidation phase, and it now seems to breaking out to the upside. There are both fundamental and market-driven reasons for this.
On the fundamental end, supply is becoming a real issue. And with the Powell Fed completely caving to the markets, expectations of a more 'dovish' Fed policy going forward is also adding wind to gold's sails.
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