Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
gunungkembar
on 16/09/2024, 20:06:19 UTC
Gold (up 25% since March) is telling the true Fedflation story that is coming, but no one is paying attention...
Gold is regarded by the markets as an inflation and economic change barometer, hence the price increases are a harbinger of shift in the monetary policy. A price increase of gold by a quarter since march could be an indication of the signals of price inflation or other issues affecting the general market. While many people may not pay attention to these movements, it is also important to ponder how shifts in the gold market can be beneficial or detrimental or can mirror general economic trends like the Federal Reserve policy.