Fed Cuts Rates but Bond Rates Are Rising
Just a couple of weeks ago, on September 18th, the Fed announced a 50 basis points cut in interest rates.
Just a couple of weeks ago, on September 18th, the Fed announced a 50 basis points cut in interest rates.
How bad can things get? Pretty damn bad.
Gold will continue to outperform mining shares.
Recent articles trumpeting silver's outperformance relative to gold and some ridiculous price projections are a bit too much.
The bond market seems convinced that interest rates are headed lower for now.
Kelsey Williams has more than forty years experience in the financial services industry, including fourteen years as a full-service financial planner. His website, Kelsey's Gold Facts, features articles that aim to educate and inform others about gold within a historical context. In addition to gold, he writes about inflation and the Federal Reserve.
Kelsey is the author of two books: Inflation - What It Is, What It Isn't, And Who's Responsible For It and All Hail The Fed!: A Closer Look At The Federal Reserve