• Home
  • |
  • Gold Tops $1900 While Stocks are Falling | Investor Sentiment Shaky Signal For Turbulent TImes

February 17, 2022

Things have escalated a little this morning as Nasdaq is now testing the lows of the day, as investors de-risk on the heels of Blinken’s ‘Russia threat’ rhetoric and Bullard’s ‘rate-hikes and asset sales’ ranting.

Russia is establishing a pretext to invade Ukraine, according to comments by US Secretary of State Antony Blinken to the UN Security Council.

“This could be a violent event that Russia will bring on Ukraine, or an outrageous accusation that Russia will level against the Ukrainian government.

“Russia may describe this event as ethnic cleansing or a genocide making a mockery of a concept that we in this chamber did not take lightly,” he added.

“We believe these targets include Russia’s capital (or) Ukraine’s capital Kiev, a city of 2.8 million people,” he said.

Bullard said that Core PCE – The Fed’s favorite inflation measure –  “does not have the reputation of coming down naturally.”

“So we’re way on one side of the ship and I think we have to re-center. I want to re-center faster than some of my colleagues,” Bullard said.

“I think there is actually widespread agreement across financial markets” that the Fed should “get going,” Bullard said.

Bullard said he wants the Fed to start to shrink its $9 trillion balance sheet in the second quarter, adding that the Fed should have a “plan B” to sell some of the longer-term bonds from its portfolio to push longer-term interest rates higher.

This move has taken the Dow into the red for the week and the S&P to unchanged…

And at the same time, safe-havens are bid with yields falling on longer-dated bonds and gold pushing back above $1900 for the first time since June 2021…

See also
401k and Gold Transfer Without Penalties

At the same time, bitcoin has been hit hard very recently as gold jumped – but both are higher as geopolitical pressure rises…

httpss://www.zerohedge.com/markets/gold-tops-1900-stocks-slump-bullard-and-blinken-double-whammy-fuels-fear

Highest Customer Ratings For Gold IRA Companies

 AVG. 

Rating

4.9

Over 550+ total reviews

  • Highest overall average customer reviews
  • Largest investor resource team
  • The most trusted gold IRA company in the United States

 AVG. 

Rating

4.8

Over 340+ total reviews

Related Posts

Causes & Effects of Stagflation | What To Do When It Reaches Financial Markets

Causes & Effects of Stagflation | What To Do When It Reaches Financial Markets

‘Unretirements’ Continue to Rise as More Workers Return to Work

‘Unretirements’ Continue to Rise as More Workers Return to Work

Royal Mint Bullion Review | Product Offerings

Royal Mint Bullion Review | Product Offerings

Fed Will Hike Rates Six More Times Before The End of 2022

Fed Will Hike Rates Six More Times Before The End of 2022
Photo is a selfie of Nathan Rosevear

Nathan Rosevear

Nathan offers insights and reviews around the highest rated precious metal IRA specialists. He is an investor in gold and silver industry.
His passion is helping Americans secure their finances through stable investing and provides such help by blogging valuable information for investors to make sound financial decisions.
Do you want some help figuring out your precious metals Investment? Feel free to give me a call at 604 603 7953.
Let me connect you with the best in the business based on your financial situation and help you save some time and maybe save you some hard earned money.
Nathan Rosevear is not a financial advisor. No financial advise will be given on phone calls. Investors are urged to seek professional advice when necessary.
Gold Investment review is paid to recommend some of the services listed on this website by referring you to the right companies. No additional cost is attributed to the investor.