Point Of No Return & A Conversation With Tom Lee
RiskReversal Pod
00:00
MRKT Call - Danny Boy - Is This a Bearish Play?
The Fed controls a lot of things. They clearly don't control the yield curve. Although there are central banks out there that are trying to do exactly that. Now if we go down that route, we got bigger problems. And Danny, I will tell you in my opinion, this all leads to the gold market. By the way, central banks in 2022 bought $70 billion worth of gold with a B record amount in terms of dollars and ounces. It's all setting up for the gold market, which hasn't manifested itself into price yet to start to go to the upside.
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