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The View FromThe Montana Log-Cabin As Markets And Gold Continue To Take A Bath

By Nigel Somerville | Saturday 7 May 2022


That was a rip-roaring week! One might be tempted to suggest that equity markets do not know what they want: they were sliding ahead of the Fed’s rate decision in fear of a rate hike. When they got it (a half point rise) they went up. And when the dust settled they went down again. Gold and Bonds did much the same.

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