Gold Futures - Feb 22 (ZGG2)

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  • Bid/Ask:
  • Day's Range:
    1,812.25 - 1,821.45
  • Type:Commodity
  • Group:Metals
  • Unit:1 Troy Ounce

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  • Non farm added over 500k workers, that’s it 4,6% full employment, raise rates
    • Some economists are saying that FED has distorted economy to such an extent that now, if FED raises rates, it will add to inflation fire ! It may make stagflation worse ! Intuitively I tend to agree, someone has to pay the cost of what FEDs printing
    • everyone i know in finance says they kept this QE going far to long, should have tapered last March now we have assets to the moon and stock evaluations that are scary but hey keep playing the game, make money
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