-
The recent sharp rise in the M2 money supply means the Federal Reserve won’t be able to deliver on expected interest rate cuts this year, according to Bert Dohmen of Dohmen Capital Research. “We have been referring to the growth of M2 (money supply) as one of the factors that shows that the Fed has NOT been fighting inflation,” Dohmen wrote in a recent ...
-
The situation on the forex market continues to develop with my previous comments. But – as you also read previously – the big impact on gold (and mining stock) prices can be delayed until the markets are more certain that the rallies are not accidental. That’s what we saw in 2022, but since I wrote about it in greater detail yesterday, I don’t want to ...