My official forecast is that Federal Reserve starts the printing press sometime in the...
My official forecast is that Federal Reserve starts the printing press sometime in the second quarter of 2024. Back in 2019, gold rallied 23% within 3 months until early September as Fed was shrinking its balance sheet (BS). When Fed actually started expanding its BS early September, gold had already made a nice rally and entered a 3-month long consolidation. As a matter of a fact, gold was declining as Fed was monetizing government debt in the early stage - how crazy is that? Thereafter, gold r