The Fed has lost control.
This is why Gold is so strong.
The Main Event IS coming.
Like and repost if you understand this. t.co/7y3CtdyLhx
— Michael A. Gayed, CFA (@leadlagreport) October 22, 2024
The market is broken:
Interest rates have gone in a literal STRAIGHT-LINE higher since the Fed cut rates by 50 bps on September 18th.
The average 30 year mortgage is about to cross back above 7.0% for the first time since July.
What happened to the “Fed pivot?”
(a thread)
— The Kobeissi Letter (@KobeissiLetter) October 22, 2024
Treasury yields are rising in part because of slightly higher inflation expectations, but more so due to rising real yields, or extra premium over inflation expectations. Real yields on 10-year notes are the highest since late July. pic.twitter.com/ikEl6EoLaY
— Lisa Abramowicz (@lisaabramowicz1) October 22, 2024
What was the FED thinking?
Incompetence or Political?
Guess what happens next? pic.twitter.com/P0hnIaOwOi
— The Great Martis (@great_martis) October 21, 2024
BREAKING: Silver prices are now trading at their highest level since 2012, up over 46% in 2024.
Meanwhile, gold prices are now up 33% this year and trading above $2750 for the first time in history.
Metals markets are trading like a recession has begun and World War 3 is near.… pic.twitter.com/OUWjHki7Vg
— The Kobeissi Letter (@KobeissiLetter) October 22, 2024
“Virtually every American is about to lose 50-75% of their wealth—and here’s why: The government is adding $1 trillion in debt every 100 days. Their spending spree is creating the illusion of growth, but it’s only fueling inflation. When this debt bubble bursts, your purchasing power will collapse overnight.”
Virtually every American is about to lose 50-75% of their wealth—and here’s why: The government is adding $1 trillion in debt every 100 days. Their spending spree is creating the illusion of growth, but it’s only fueling inflation. When this debt bubble bursts, your purchasing…
— Porter Stansberry (@porterstansb) October 22, 2024
🇺🇸 Foreign holdings of US Treasury debt 22% as a percentage of total.
Trend declining.
Chart: @Hedgeye pic.twitter.com/Ocl8jjNwHJ
— Alex Joosten (@joosteninvestor) October 22, 2024
Holy fuck are they serious? t.co/SUpbEX3fSC pic.twitter.com/psDIEwa9Yg
— Darth Powell (@VladTheInflator) October 22, 2024
That thing is happening again pic.twitter.com/8rN8F3Vo7S
— Piker Capital (@PikerCapital) October 22, 2024