[mikelets456]

Could someone explain what’s going on? Dollar keeps strengthening, oil prices rising, gold is all over the place, jobs added, inflation continues to increase, but call for disaster while job *again) being added?

[wgmalabama]

Precious metals seem cheap until you want physical delivery. Wow. That costs much more.

[SaxxonWoods]

The economy is pretty strong, recovering from COVID issues, and there is a time lag between the FED raising rates and those raises affecting the economy. The FED hasn’t affected anything other than expectations at this point.

As for Gold, I’ve never understood it. It’s supposed to be inflation protection but it’s last high (adjusted for inflation) was over 30 years ago. Silver is the same. I look at both as short-term trades, which I rarely do. I have a little physical silver and gold.

[Theoria]

Wall street doesn't like the continued low employment numbers with large job creation. Wall street loves cheap money via low interest rates. Those cuts to interest rates, will not occur until we get higher unemployment and job destruction.

Higher unemployment rate and slowing the economy is a goal of the Fed. We do have a strong economy, which will keep permitting high prices for assets and commodities. The Fed is trying to destroy jobs, which in turn will create a deflationary method to prices.