Oh oh. The FED really messed up this time. No way out for them. Too bad. All their common sense that it took to get them into this mess is now paying off ( Sarcasm. ).
Maybe they have (or are going to) sell VAST amounts of GOLD onto the open market. In which case they’d be smart. I mean they do know where the price of Gold will be in the future as that’s basically what they control. And they did manage to inflate the price at the cost of the US currency. So maybe that’s been the plan all along. Fool the goldbugs! Never know.
Fed officials voted 9 to 1 to hold rates steady at the meeting. Who the heck was that one guy that wanted to raise rates. He’s the patsy I’m assuming. I mean come on! They need at least one person to vote the other way or we’d all think it was fixed right ???
According to this chart, without a HUGE save soon, and many more afterwards, the US dollar is about to TANK. Without a real save it’s done for sure.
Bye bye US dollar.
Should have bought real gold.