The fact that all the so called "experts" who guaranteed rate cuts starting late last year and assuring several rate cuts more in 2024, are not going to happen--means the price of an oz of gold will come down
its already closer to $2300 in less than a week and looks to plummet even more
getting 6-7% on bonds looks better than gold-which earns nothing
I am not sure why these experts were calling for rate cuts to begin with is mindboggling
corporate greed will assure inflation will still be 3-4% YOY-which means expect another rate hike later this year
I assume they tell equity holders what they want to hear instead of the truth