GoldSeek Radio Nugget - David Haggith: Inflation Data and Gold
David Haggith, head of The Daily Doom: www.thedailydoom.com, brings us "The News, Before the News" with a review of the macroeconomic data, fundamental outlook and technical vantage point.
- Gold finally entered a healthy reaction - will support hold near $2,150 in the new uptrend?
- Will the Fed cut rates per the FFF's probabilities - we review the current FFF's rate curve.
- US equities may be entering a correction mode - is this a key top or a pause that refreshes?
- Where will the markets find key support?
- Fibonacci projection levels for gold and silver.
- Will a Fed tightening cycle begin in earnest in 2024 and what the implications for the markets.
- With inflation down 66% over the past year, will inflation remain high on the Fed's docket?
- Will the cost of essential goods and services continue to soar?
- Is the market always right, like an AGI with a 300 IQ or is it prone to herd-like excesses - the debate continues!
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