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‘The window is closing fast on the Fed’

admin by admin
March 20, 2023
in News


themarketNZZ/Christoph Gizinger interview of Marko Papic/3-17-2023

“It is macro relevant because the US economy has proven to be far more resilient than the median investor has thought. As such, now was the time for the Fed to step on the brakes, not ease. But now, not only is the Fed backing off from 50 basis point hikes, it has restarted a stealth-QE program at the first sign of systemic risks.”

USAGOLD note: Papic says the best option at present is to be “long gold, commodities, and emerging markets.

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