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“Fed policy specifically has created the biggest wealth gap in the history of our country, and the haves continue to do extraordinarily well, and the have-nots continue to get fucked, which is a word I'm choosing to use, and I have said it repeatedly, that this chasm just continues to get wider, and to a large extent the Fed has been the problem. When you lower rates - you know who wins? The people that own shit, not the people that are basically trying to play by the book. Who gets screwed when inflation starts to get out of control? Not the people that own shit. They think it's a joke. It's the people again on the lower end. They get it on the way in and they get it on the way out.”
Guy Adami
If you wanna buy gold at these prices feel free to do so, but know that the commodity markets are among the most manipulated out there.
Misc says
If you wanna buy gold at these prices feel free to do so, but know that the commodity markets are among the most manipulated out there.
If I meant commodities, I would have said "commodities." I did not.
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It seems that Fed employees know how to get rich betraying the public.