WallStForMainSt: 'WTF Just Happened?' Episode 3: Gold Smashed on Dollar Index Rally, Will Be Much Higher End of 2018?
Independent financial journalist, Eric Dubin, and former Wall St bond trader, current gold fund manager and investment research newsletter writer, Dave Kranzler of Investment Research Dynamics http://investmentresearchdynamics.com/ are back for another episode of "WTF Just Happened?"
What's going on with gold, the dollar and interest rates - especially gold? All of the variables that fundamentally support much higher gold prices are lined up perfectly. Why isn't gold moving higher? The popular narrative in the mainstream financial media would leave one to believe that the dollar is soaring. Eric and Dave put a big dent in that notion. Additionally, in a long-term historical context, the recent rise in interest rates is tiny, yet marginally higher interest are already wreaking havoc on the economy (retail, auto and home sales). What's going to happen to the economy when the 10-yr Treasury hits 4%, which is still well below its long-run historical norm?
Eric Dubin and Dave Kranzler dig into these topics in the next episode of WTF Just Happened:
"WTF Just Happened is a produced in association with Wall St. For Main Street; Eric Dubin may be reached at: Facebook.com/EricDubin
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