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Precious Metals
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Re: Boomers were forced into the market with zero interest rates."Fed balance sheet hasn't shrunk a dime yet and carnage is advanced." The Fed's "plan" is to reduce treasuries and mbs by $95 billion per month starting 6/1/22. I think the Fed will be very challenged. My gut says they'll have to back off quickly - investor's will require much higher yields. The Fed will blame it on the slowdown. |
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