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vacityrocker t1_j9ldm0o wrote

The feds been on job destruction for about oh... 8 months now...

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hyperchimpchallenger OP t1_j9ldsyk wrote

Correct, and it’s not working. They’re not going to stop trying until they reach whatever magic number for rates. Regardless, the point is that as they continue to raise rates, and as the global economy stays in the position, the dollar will continue to increase in value, which will push gold down.

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vacityrocker t1_j9ljl93 wrote

Given the sudden arrivals of high tech spy balloons from China and the recent costs of shipping and port jam ups - rhetoric and blame pointing one could wrinkle the tin foil cap a bit and assume they are front load financing a conflict with China and Taiwan will be the social justification for the two nations to swing the bats ... papa (daddy) bush went looking for weapons of mass destruction as a cause to justify the incursions in the mid east.... oddly the economy did the same things back then... the devaluation of the greenback followed with a blind slap called "financial" crisis, oil reserves overflowed until 147.50bbl from 47... some things seem familiar but who but they really know.

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