Lots of Narrative Pushback on a Rate Cut Tomorrow

The Young Pretender
@Dioclet54046121

I am anticipating a 0.25% cut in interest rates by the FED and the BoE this week. Anything more would be a bonus for #gold and #silver, but that needs to be unexpected to be a bonus.

Even the most influential economists and policy-makers don’t seem to grasp that “investment” means the investment of energy, not more paper IOUs. From where is that energy going to come, since Earth’s finite energy reserves have already been depleted?

https://archive.is/POyAC

As they say, “once you have seen the world through energy goggles, you can’t un-see it”.

Exactly. A gold-centric monetary system is merely the method of bringing the consumption of energy and commodities back into a natural equilibrium, which was thrown out of balance by fiat debt-currency.

This is the kind of narrative we want to be seeing.

There is now lots of narrative pushback against a rate cut tomorrow. Don’t go counting your chickens before they have hatched.

Yet more pushback against a rate cut.