/biz/ - Business & Finance

>>56026213

I tried to warn ppl bout long duration. With this much debt the US can't afford low growth and inflation for very long, and the bond market is starting to (finally) figure that out. Jerome can play pretend Volcker for a little while after a year or two playtime is over and it's back to debt monetization.

Step1: recession rates fall
Step2: giga-printing, inflation
Step3: realizing "why would rates fall in Step1 if we know Step2 is coming?"

In the end the committed bond bulls are incurable midwits who literally cannot fathom that the bull market that has made up their whole lives is over. They just cannot shape-rotate the market in their heads beyond recession = buy bonds. There are gonna be so many bond boomers screaming at the Fed to cap yields to save their asses. LOL.

>>55398259

2 separate things. The demand for industrial metals was from their customers. if the global pop does not collapse, industrial metal demand is going nowhere.

The BRICS nations all bought gold with their surpluses, but gold did not go up with this demand owing to the paper markets in the west and the opaqueness of global gold holdings (i.e. US having little and China having a lot), it just held flat against US money supply. Re-monetization breaks the control structure, and what gold does then we will see. If this distorted state of affairs fully unwinds, it goes up a lot vs dollars as the gold flow reverses east to west.

>>54731616

Fed is doing that at behest of US Banks to 'save the dollar', McCarthy is in place to make sure no (or very few) stimmies go out this time.

This is currency war and US is about to fire a big salvo at BRICS. Biden admin will be a casualty.

post you're /smg/ track
https://www.youtube.com/watch?v=wxR1r2-nrD0