>What is Austrian economics? mises.org/what-austrian-economics >Austrian economics books What has government done to our money (Rothbard), The mystery of banking (Rothbard), and Profit & Loss (Mises)
>75bps hike fully priced in. Odds of 100bps rate hike rise hit 23% Don't worry about inflation guys, the fed will just take care of it by creating the worst depression in 200 years.
Sticky service inflation running hot. Also >The food index increased 11.4% over the last year, the largest 12-month increase since the period ending May 1979.
Titanium diamond encrusted support at 1680. Inevitable pump above 2000 when the economy is confirmed dead and the fed will be forced to become more dovish.
Mason Allen
What do you guys think of OPAWICA EXPLORATIONS INC?
wouldn't the fed pivot take like a year to happen? In the meantime wouldn't gold keep dumping because people think the fed is raising rates and we're entering a recession?
I know what's going to happen in the long game. I'm more concerned about what is happening within the next 4 months or so for personal reasons. I don't want gold to fall below 1650 or so.
Ian Powell
We may touch the 200 week moving average which is conveniently sitting at around the 1680 support so it'll be very hard to break, but we're going to slowly make our way to at least 1800
Joseph Gonzalez
>wouldn't the fed pivot take like a year to happen? Could be, I think it will be sooner than 12 months. A lot of data points are already looking awful, but there's still a lot of liquidity slushing around from covid stimulus so I think that's what's keeping this going for a little while longer. But this economy simply can't handle 4%+ rates, back in 2019 during the last hiking cycle they had to back off at 2.5% already and the economy is much worse today. >In the meantime wouldn't gold keep dumping because people think the fed is raising rates and we're entering a recession? More rate hikes are already priced in, so they would have to become even more hawkish + the economy would be able to handle it too, which it won't. Because they will ease off if things get too bad. No way they are going to crash everything just to get to 2% inflation instead of 4 or 5%. It's a dog.
Blake Reyes
Did anyone have Alexco shares that were converted to Hecla shares after the acquisition? I need to know if your Alexco position was sold by your broker, causing a realized gain or loss, before your HL shares were credited, I think Fidelity is screwing me
