Today's Gold Price

Two yr high on platinum , 12 year high on peasants money and gold just 95 off an all time new high
 
And the big, beautiful bundle of inflation hasn't even passed yet.
 
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oyarde jinxed the silver market. :p

Fed rate decision today. Does JPow bend the knee to Trump? Precious metals want to know...
 
no way fed cuts. past two month avg is gdp .3 and inlation 3.0 . , i dont think there will be any rate cuts this yr. fed too slow to raise , will be too slow to lower. 40 doll silv this yr , 50 doll silv in 2027 and inflation 3 to five percent , dismal gdp , huge debt , worthless fiat , gold 4 to 5k would be my expectations
 
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Even if Fed did cut interest a 1/2 point between now and Christmas a 30 yr mortgage w/ a 800 credit score is going to be about 6 1/2 . New autos and home sales are looking at a two yr minimum decline at this point, ( interest was 6.92 last I looked last week on 30 yr loans)
 
Danke is going to be rich. He is probably over there advising against the persians right now.
 
Apr and May GDP averaging .3 while govt reports inflation at ten times that at 3.0. Govt also spent vast majority of previous 24 years reporting inflation at 2 to 3 percent while it averaged 6.67 to 8 ( 6.67 avg yearly increase in median new home , 8 percent avg increase in money supply). Govt reported 3 when knew it was 7 to 8 . Platinum has reached 1441 today , gold 3351 ( 148 off new all time high) and silver at 36.88. Value of dollar been dropping like a rock since start of most recent mideast aggressions. So why is senate making a trillion in changes to add to debt to most recent bloated bill that cleared house ?
 
Let's see how the markets react now that they passed the spending bill and raised the debt ceiling. The debt is going to from 36 to 37 trillion in a hurry.
 
Gold got to 3402.4 and silv 39.13 today , Platimum got to 1478, bitcoin 117,942 last I looked. Dollar on way down
 
pmbug said:
TRUMP: Halt! Hallo! Hallo!
FEDERAL RESERVE RECEPTIONIST: 'Allo! Who is zis?
TRUMP: It is President Trump, and these are the Members of the Presidential Cabinet. Who's castle is this?
FEDERAL RESERVE RECEPTIONIST: This is the castle of Our Master Jerome de lu la Powell (sp?)
TRUMP: Go and tell your master that we have been charged by God with a sacred quest. If he will lower interest rates for the term he can join us in our quest for the Holy Grail.
FEDERAL RESERVE RECEPTIONIST: Well, I'll ask him, but I don't think he'll be very keen... Uh, he's already got one, you see?
TRUMP: What?
BESSENT: He says they've already got one!
TRUMP: Are you sure he's got one?
FEDERAL RESERVE RECEPTIONIST: Oh, yes, it's very nice-a [To Other Federal Reserve employees] I told him we already got one.
Click to expand...

 
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