Bank of England Pivots First, Fed to Follow – Ep 844
The Peter Schiff Show Podcast
00:00
The Dollar and Gold Reversals
Inflation is going to get much worse as a result of what's happening. The next recession will come with a surge in deficits that are already surging based on the backup and interest rates that has already occurred. If the Fed is not going to fight as hard to bring down inflation then that is bearish for bonds. But I think the more significant one day outside reversals were in the dollar and gold because I think those reversals could mark key turning points in both the dollar and Gold.
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