/biz/ - Business & Finance

>>53566381

>https://www.zerohedge.com/news/2022-12-19/australia-buys-gold-preps-bretton-woods-3
From the article
>Australia’s A$200 billion ($134.28 billion) sovereign wealth fund is increasing exposure to gold, commodities, private equity and infrastructure as it warns the future will echo the low-growth, high-inflation era of the 1970s.

>The Future Fund outlined the changes, which also included widening its currency basket, in a note on Friday that questioned the value of traditional 60-40 portfolios and called for an investing shift to confront a world dealing with war, inflation and climate change.

>“In this kind of environment there is a real risk of simultaneous slow growth, high unemployment, and rising prices that has some parallels with the stagflationary period that struck developed markets in the 1970s,” the note said.

>Investors large and small are scrambling to adjust portfolios and philosophies undermined by the simultaneous cratering of equity and bond markets.

>The eight-page note called time on four decades of investment tailwinds including falling interest rates and taxes, energy abundance and growing globalisation driven by China’s rise.

>Investors now faced a world corrosive to asset prices: more war, the risk of capital controls and confiscations, bigger government, and the spectre of higher inflation.

>>52254817
I never said a fucking thing about comedy niglet. Basel iii is already on the books you fucking retard. And the fed will pivot before new year, which is not yet here.
Try putting words in someone else s mouth asshat faggot.
Why the fuck are you here if you don't think a commodities bullrun is around the corner? Are metals not going to be part of that? Will equities just run away while commodities crash instead? Homes gonna do a 3x while lumber falls to all time lows? Get fucking real idiot
The fed gonna keep rare hiking until the rates are double digits? They gonna roll Volker out in a vat of goo with hoses hanging off his ass like he's plugged into the matrix and have him announce a 5000 point rate hike?
Tell me more about myself, please
I told you all about fagpony being a scam. And how many dumb beasts here own that shit? I called the top on that shit and I was right. I'll be right again when the fed pivots and I'll never stop gloating about it because of you.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
The fed will pivot in December
$15 silver is coming as well. Screencap this faggots