Gold vs. An Openly Failing/Changing World
The comments below are an edited and abridged synopsis of an article by Matthew Piepenburg
As central bankers play checkers on a global debt chessboard, we see how policy hypocrisy, worsening monetary options, failed diplomacy, tanking bonds, rising rates, debt addiction, mismanaged sanctions, de-dollarization and a shift toward a disorderly reset all spell immense pain for Main Street as well as Wall Street.
In short, the world is in flux, the mess is everywhere and gold is already flexing.
Up for discussion: Faces of hypocrisy; is the greatest threat to the economy inflation or the Fed itself; brainless bravado rather than honest transparency; candor vs. fantasy; pivots, confusion and insanity; the Fed’s real mandate makes them easy to predict; the market is the thing; rising dollar, rising gold; more centralized controls are inevitable; a world in flux; poking the bear; and the West is trapped.
