Oct. 25 at 11:05 AM
$HIRU #Gold has always been a winner abd used as a hedge against inflation. #Ameerax is well positioned to be the winner.
But the all-time highs gold and silver recently achieved may point to the prospect of something more nefarious: stagflation.
Stagflation is characterized by a period of rising inflation, a higher/rising unemployment rate, and weaker or stagnant economic growth -- and it's probably the Fed's worst nightmare.
Jerome Powell and the central bank influence the U.S. economy through monetary policy and open-market operations. This includes raising or lowering the federal funds rate, which impacts interest rates and can indirectly affect mortgage rates, as well as buying or selling U.S. Treasury bonds, which increase or reduce long-term yields (bond prices and yields have an inverse relationship).
