Hugh Hendry on Fed, ECB, Treasuries, Monetary Policy (Full Interview)

Hugh Hendry, founder and former CIO of Eclectica Asset Management, says the Federal Reserve is in "a fog" and US Treasuries are currently in a "killing zone." Speaking with Jonathan Ferro and Guy Johnson on "Bloomberg The Open," Hendry also discusses ECB policy and German inflation.
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[@peterjanoff]

Hugh has always been an exciting contrarian. I’m happy to see him back on air after a pretty long time.

[@kangmyungjae]

The very Moment we needed him the most, he showed up. He's a Cape without a hero haha

[@longonsd25]

Bring Hugh on more

[@chrismares1851]

Hugh is a gem lol ... glad to see him back

[@dandychiggins3345]

Watched twice. One to listen, one to read the subtitles lol

[@shabbyalonso8036]

I’m a big fan of Hugh. I feel for him when no-one appreciates his ‘I see dead people’ allegory from the movie ‘Sixth Sense’. It’s a wonderful image of what he sees ahead that no one else is seeing and not simply dead people. So please good folk out there watch the movie, however terrifying at first, and you’ll enjoy the power of that metaphor. It’s a very apt one. Keep going Hugh, love the work that you and the Alchemist create on the Acid Capitalist. It’s a wonderful blend of education, humour and insight. For me a must listen. I do entertain the idea of 1 day meeting you over a pint and enjoying some banter. All the best hombre.

[@deborahcurtis1385]

Yes, me too I'm a recent convert didn't realise he existed. Hugh's just so alive. With other commentators they just spout boring random facts and are such automatons. Hugh? He thinks laterally he takes information in, he places it in historical context, he questions instead of just assuming because some features exist, that a recently applied solution but partial is going to be appropriate to the facts, he's not wearing blinders and he's articulate. He looks at the actual reality he doesn't force a moribund theory onto the partial facts and call it monetary policy like the Fed or the ECB. The issue is how rapidly the central banks will wake up, because aspects of the market are awake and he's pointing this out. Interesting that he would take a position against the USD, and also the Italian against the German bund?. I am not clear on how that would work but he seems to be betting on indices there. With the USD he seems to be calling it as inevitably going down. I would think, because the bond market in the US is cactus.

[@hl3641]

Sounds like ya writing a love letter with a wet hand…”@@

[@deborahcurtis1385]

@@hl3641 A creepy comment...and the moderator thinks this is worth highlighting? Neither you nor the mod are a patch on Hugh and so you have to snark. Pathetic example of how the internet is full of dregs in search of a purpose. I can't believe the mod is paid to get the highlighter out for this purpose. Must be an intern with locker room humour.

[@ramslak]

@@deborahcurtis1385 highlighted where? I am just seeing this on youtube...

[@richardsharpe5878]

Hugh is awesome, the philosopher investor... throwing hand grenades! Good job JF & Bloomberg!

[@elvisjames8351]

An action is earning money. Money management is a behaviour. Increasing wealth is learning. This is the principle.

[@velalopez3396]

With inflation running at a four-decade high, a recession is now the most likely outcome of the economy. How can i grow my portfolio to outpace inflation and maintain a successful long-term strategy. I have been reading of investors making about $250k in the current crashing market, i need ideas on how to achieve similar profits

[@evelynnbrattin2673]

Who is this individual guiding you!? I lost $9k just last week, so im dire need of a financial planner

[@peterthomas..]

Credits to expert Margaret, you can reach out to him if you want

[@joaofernandez2230]

How do i reach out to him?

[@davidlewis2122]

Margarets strategies are top-notch he helped me recover my losses and today I make about $7,500 weekly in profits from his network

[@Michael-dm1lr]

utter genious, honest and clean ideas, no pumping and dumping, how do you keep sane when you are that clever?

[@hammerbass4241]

Great interview. Both questions and answers.

[@adrianyates9879]

I will forever be indebted to you you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs. Elsie Wright

[@amandascott7174]

You invest with Mrs. Elsie too? wow that woman has been a blessing to me and my family

[@adrianyates9879]

@@amandascott7174 Yea sure, You don't need to be shock because I'm also a huge beneficiary of expert Mrs. Elsie her signals are accurate, I was able to make 18btc from an allocation of 5btc. I've been trading with her since 2020. WBU?

[@amandascott7174]

@@adrianyates9879 That's incredible, I started few months ago, I was skeptical at first until I decided to try. It’s huge returns is awesome! I can’t say much.

[@StephenHHall]

I’m new at this, how can I reach your broker?

[@adrianyates9879]

@@StephenHHall You can communicate with her on telegam, with the username below

[@ura9390]

I like this guy, makes you really take a step back

[@bryanbell9103]

Is this Cathy Wood?

[@bennyt2731]

Love this guy. Also Jon Ferro is the best

[@bigticket5869]

Brillance on both sides. JF is one of, if not "the best".

[@ericharrison5724]

Despite the economic downturn, I'm so happy😊. I have been earning $ 60,200 returns from my $7,000 investment every 13days.

[@langleymckinney3658]

Scam

[@David-bq1lm]

Hugh is a GENIUS! 🤙😌

[@thatplantguy]

The Alan Watts of investing. Always enjoy these interviews.

[@lilperv]

Sir, that was the Alan Watts of youtube commentary

[@miguelmachado3259]

Take the period 1928 - 1938 ... Was that positive a period of positive returns in the stock market? 1927 - 1937? 1929 - 1939? 1928 - 1950?

[@almor2445]

"Never" been a 10 year period where is was a bad idea to hold Stocks? What about the 1930's? I'm pretty sure anyone who bought in 1929 and had to hold for 30 years to break even would disagree with that statement.

[@thomaskauser8978]

Scare not educate! For an obscene amount of years money was provided for banker accumulation of assets and now it's time to cash in ,THEY HAVE ALL THE CASH! They can't move it or sell it so it's worry about an inflated value they know it will never fetch? ITS the current and not future buyers fault?

[@ionconnor1991]

@@thomaskauser8978 what are you talking about ?

[@modernexistence4206]

Hugh is a genius. It's blatantly obvious. Respect.

[@davidcoursey5041]

Most Excellent! Next time we need Lynn Alden in on this to round out the room.

[@davidseddon2690]

A great interview. He talks a lot of sense and we ugently need "hand grenade throwers," who don't just tell people to buy the dip. His 35-50% takes us to about 3100 and below for the S&P. I'd say that's about right. There are no bargains until that point at least and these rallies are actually pretty dumb, though they do give us a chance to sell and get out. I'm not sure he's right on gold or commodities - I'd say it's 50-50 though. He might be. I would say those two things will do well within 3 years, but they may suffer initially. I'm not sure what else will do well in 3 years, but maybe value countries and companies. Not much, to be realistic. In a different interview he mentioned volatility indexes as a good bet and referred as well to funds that sounded a lot like trend funds/managed futures as a reasonable choice. I agree. It stands to reason that if things are likely to go down hard, then riding something that benefits from that is a good idea. I am not sure what he meant by the Italian Bonds thing. Does he mean buying Italian government Bonds, and perhaps by extrapolation debt from countries that are struggling but won't actually go under? I've heard others say the same thing. It seems counter-intuitive, but I can see the argument.

[@headspaceandtiming2114]

Key comments all through this analysis. One at the end “once we realize how bad things are…”. He is so grounded. And I think a lot of us see a grave time ahead and he confirms this. Why so many “experts” cling everyday to “soft landings” and “pauses”. Hugh talks reality. Time for the experts to listen or find a therapist and learn to “let go”.

[@obscurededges]

Hugh*

[@jdarling5315]

These experts are dependent on bull markets because they drive long run confidence in the markets and therefore investment. An extended flight from equities would destroy many of their careers

[@headspaceandtiming2114]

@@obscurededges HAHAHA! Thanks. He is Huge!

[@AlAmin-uc8py]

Soft landing is indeed needed. Fed guys aren’t smart enough if they don’t do so.

[@dorissteve912]

There might be an economic turmoil but there is no doubt that this is still the best time to invest.

[@jessicamamikina7648]

Best time to invest? thats funny though because in the last four months I have lost more than $47,900 in stock market which is the biggest I have loss since I ventured into stock investment.

[@dorissteve912]

You could be right or wrong . i once had similar problem but now its a different ball game for me because I was lucky to have met Karina Mattis , a financial manager and stock expert, I have made more than $165,000 in 6 weeks under her supervisions

[@jamesmaduabuchi6100]

Really? people are cashing in from the stock market and frankly speaking its comforting seeing someone admit to the fact that they actually seek help from professionals. please how can i reach Karina ?

[@dorissteve912]

Search her name on the internet to reach her

[@jamesmaduabuchi6100]

Thanks for the info . Found her website and it really impressive

[@raesmart3305]

Great interview

[@letsdanceonhere]

Love Hugh!

[@magneticabnormalmatter2174]

It's so good to hear a bit of sense this days thanks Hugh 😊

[@culpablecruz]

We need more of this guy in our lives

[@marcgerges1380]

Hugh has an exciting contrarian perspective. Value this guy!

[@Pipsologie]

Amazing interview 🔥

[@issenvan1050]

What will a pivot amount to?

[@kanewright9020]

This was a good discussion

[@samuelblunt9833]

[@samuelblunt9833]

She's on 🆃- 🅴- 🅻- 🅴- 🅶- 🆁- A 🅼

[@samuelblunt9833]

fevenlenasignals

[@nickclinton9837]

If you are serious about making awesome profits and increasing your portfolio i will advice you to contact Feven Lena she's good at what she does. I recommend her because she is the best signal provider I have come across.

[@nurseanissa4990]

I also enjoy trading with her daily signals. less stress and well accurate

[@luckyjeffs9971]

I am also growing and accumulating with Feven Lena's signal.

[@issenvan1050]

Would this contraction & stress in the debt-based system provide gold with rocket fuel?

[@jasonbouchard9233]

wouldn't S&P's 13 year period between 1969 & 1982, been a good time to short? serious question. Not sure what Mr Hendry is referring to 'rolling 10 year periods', as I see several long stretches (bear markets) over 10 years long

[@edwardk4198]

Nikkei is a good analog for his opening statement. Also very shrewd individuals have said "recency bias" is a systemic risk. There is a change happening. It is possible that equities will be flat for a decade. Japan over 3 decades and 70's here in America.

[@jdarling5315]

Important to point out that Nikkei at its height had way higher p/e ratios than NYSE

[@jivebunny3765]

I'd love to know what his view on lowering inflation is.

[@valdomero738]

He only cares about his portfolio. I hope his net worth gets further destroyed.

[@wihenao]

He doesn't believe we had inflation. Inflation is a monetary phenomenon and requires money creation. He believes we are having eurodollar monetary contraction instead. I think he would say what you call inflation is not real inflation but just a CPI index, which is lagging a supply shock from a year ago... hence the snake eating an elephant

[@stevenmatosu9321]

I think it's 'increase supply, hold gold/energy, have more kids'

[@DaveIngelson]

He thinks it's transitory.

[@mycommentpwnz]

As a full time trader, I can say this is the ONLY GUY (on a mainstream platform) who is worth listening to. 99% of the stuff you hear/read from "traders" or "economic experts" is completely obvious, or worse, it's TRASH. (Cough, Cough, Cramer.) However, this guy actually broadens my opinions, and changes my perspective a little bit.

[@steevjones8761]

This guy is gold

[@mateusz3162]

Low rates for a long time definitely means some fund managers establish a coke problem

[@horaciofrancomisa7088]

Many brilliant minds in economics and finance and they disagree even more than usual about todays economic situation and solution. Its probably impossible to model whats happenning today because of all the different forces pushing and pulling the global economy and finance. Hugh is fun to watch and knows more than most but the same can be said about so many economists that Im following. Intresting times which will be disected and argued about by academics in the future. Still no agreement if inflation is a demand or a monetary supply thing. Lol

[@DaveIngelson]

I think part of the problem is we've dug ourselves into a debt trap that there's no clear formula for getting out of. Negative interest rates were theoretically impossible yet happened. Most important comment from this video I think is HH's mention of how with 4x debt/GDP a 2% interest rate is an 8% transfers from households to creditors and thus regressive. So, your options are to remain stimulus and pump that debt/GDP even higher or cause a recession to draw down debt/GDP. It's incredibly political.

[@TMK1450]

Great insight, bc I agree... ;-)

[@jdarling5315]

I would just add that I don't think demand pull and monetary oversupply ideas of inflation are mutually exclusive. The classic simplification of too many dollars chasing too few goods/assets captures this interrelationship

[@apothe6]

Hugh has a KZbin channel and podcast

[@mfer134]

Jonathan and hugh are both awesome

[@josephclarke9799]

Unreal duo

[@VeryApe111]

I really enjoyed this interview but I didn't understand any of it.

[@tobiwan001]

It is a supply side problem - at least in Europe. In the US it is likely demand side though.

[@brandon-hh7jf]

It seems to me irrelevant whether CPI increase is demand or supply, essentially it is a simply equation, Demand must be aligned with Supply where supply cannot be expanded - currently due to geo-political events. So unless we can take geo-politics back to 2010 - ie, Russia supplies cheap energy to Europe and China-US rivalry disappears - prices will increase unless demand is contracted.

[@ssuwandi3240]

Correct. Neocon Blinken has terrified the Dragon in such a way why they would reopen the trades when constantly being accused to "seize" Taiwan. When the Mainland owns the land lease and power grids in Taiwan. They just think it'd be abs waste of time to respond towards a silly foreign provocation. Biden admin has created an unnecessary tension that costs the US economy dearly

[@zpacify]

The Jon Bonjovi/Bono Investor. That should be his book. 😂

[@jubbyjubber]

He was a Dead Person 15 years ago Bernanke buried him , that's why he packed his bags and walked away, I think he is wrong again.

[@catherinemurray2211]

Live 😢 long Hugo ❤

[@davidr9651]

Tell Hugh that housing prices fell nationally during the great depression & the GFC

[@jimbojimbo6873]

Im lost is Hugh seriously saying we should cut rates

[@dylanwade129]

we should. our central banks have no clue what inflation is coming from. hurt the housing market not the economy

[@apothe6]

Tbh I have no idea what he's saying, I think he's just talking about central bank hubris and how things are going to get worse

[@JigglyPuffMafia]

@@dylanwade129 inflation comes from the Gov printing money... it comes from massive budget deficits monetized by the FED. Its been going on since 2008 and gov policy around Covid sped up the process. Never should have done QE in the first place but hyperinflation is worse than a financial crisis IMO. I think we should swallow this pill now and let the free market take rates to where they need to be to actually fight inflation. Ya it's painful ,but its better than a hyperinflationary depression.

[@mateusz3162]

bad for his buissness

[@TheBrianthom]

raising rates creates in equality and isn't fighting inflation

[@brunoheggli2888]

Everything is so nice!

[@dennissmith2866]

I think rates should go up another 300 % NOW !

[@setaroper2942]

they just can't grasp what he's saying. why don't he say it out load : central banks haven't been part of the monetary system for decades ? so frustrating !

[@bogdanbogdan3462]

all these investors calling for a FED pivot because they're loosing money. I hope they hike much much more, because assets need to become affordable for the regular Joe, not just the yapis on wall street

[@tastypymp1287]

Don't be bitter about it. Have you thought that Wall Street wants the same as you?! If its not affordable, they don't get the liquidity they need.

[@barfly1984]

How will you afford assets when you don't have a job?

[@tonydixon9579]

Bogdan sees through the BS.

[@bogdanbogdan3462]

@@barfly1984 some will have a job, some won't. Thats the thing with the recession, it sucks but is good long term- frees inefficiently managed assets so that other people can buy them cheaply,

[@tastypymp1287]

@@tonydixon9579 Feeds you BS more like.

[@SunofYork]

I like his example of a contrarian... No more air bags.... no... Instead, the fitting of a knife pointing out of every steering wheel... to make people drive more carefully...

[@AmitKumar-tg7of]

With 1/3rd tips owned by Fed - should we be looking at breakevens at all ?!

[@christopherrichardwadedett4100]

Analytical transition from geopolitical determinations to economic ramifications results in political and economic complexifications.

[@christopherrichardwadedett4100]

Hendrian concept of world capitalism entails US recession is the start of global depression?

[@almor2445]

Hugh is one of the brightest men out there and the man actually understands how money works. Most people haven't a clue, particularly in the central banks.

[@edadams4631]

Keep taking the meds

[@BK-dy8jk]

Yeah the old adage death by 1000 cuts applies and if all this doesn’t indicate a very difficult time ahead for at least a while then nothing will. Add trouble with Ukraine war, North Korea, China, Russia and worldwide shortage of natural gas petroleum due to Saudi Arabia‘s cutbacks, more money spent for higher auto loans, mortgages, home-improvement, credit cards and now savings accounts are being depleted. Now as we head into winter we have higher heating bills, groceries, goods and services, rent, gasoline and diesel. There’s only so many ways that money can leak out before you have to slash every single thing that isn’t for survival. On top of that they say that companies are making a record profits by gouging customers. Stock market could easily drop another 17 to 20% just on those few things. One step forward two steps back. I’m at ground level and it’s what I see coming

[@dwalsh5925]

Love that dude

[@marcusjohn6654]

Con vibe from this guy.

[@IgorMartinsM]

Cutting rates? I don’t get it.

[@danielmcarthur9004]

Neither does Hugh.

[@IgorMartinsM]

@@rontrash9870 Isn’t that FED’s desire? Or we’re experimenting cutting with an inflation spiral?

[@mrwolf750]

If the last week is anything to go by, the stock market thinks everything is just fine.

[@IanCeicys]

Love when they have Hugh on! 😀

[@AnonymousanonymousA]

He's full of shi

[@deesus1085]

One of few who’s bringing up the 40s as an example. I think we are repeating the 40s.

[@neonovalis]

ehmm ... in the 1940s there was a "total war" ... if Putin calls for a total war and presses a certain button .... this will be game over for mankind - so lets hope for a repeat of the 1970s with just stagflation.

[@ADobbin1]

They are raising rates because there is too much debt in the system. Global debt is nearly 4 times global gdp. You are considered bankrupt if you owe 1.5 times more than you make annually. The entire planet is bankrupt and they need to reduce debt. When the government prints money they do so by the central bank issuing a loan to the government. Yes it destroys money because that money was created by debt. This is what is called a deflationary environment. We avoided that for 50 years due to fed tampering and now its gotten to the point where we can't avoid it and maintain the economy long term.

[@radearpurba3589]

I Agree with your statement about the deflationary environment. But, I'm still so confused about Mr. Huge Hendry's statement, which he said I think the mistake is they don't understand that money, financial condition, monetary condition (8:45). Who are "they" in his statement? I'm so sorry if my statement and my question are wrong 🙏😔

[@ADobbin1]

@@radearpurba3589 I believe the "They" he is talking about is the European central bank. I think he's trying to say they are focusing on curbing debt creation when they should be focusing on growing the economy and thus money? If that's the case I think he doesn't understand how money is actually created in our monetary system due to Fractional reserve banking. To do what I think he thinks they should be doing means going back to a gold backed(or something else)standard. Perhaps I've missed something myself though. The issue he's trying not to say is that when deflation happens and money is destroyed those with large amounts of debt get royally screwed because the value of their assets drops and thus it turns those assets into so much garbage and they still owe tons of money for an asset that isn't worth its purchase value. So really he's arguing to save the rich people and their investment portfolio's by creating more debt. Anyone who happens to have money hanging around will see it become more valuable and be able to buy more stuff with less of it. Of course you will also see a reduction in jobs and possibly eventually pay as well though your lower pay would actually be able to buy more stuff because prices of goods theoretically drop. That's what should happen anyway. Given how much monkeying with the system that's been done over the last 50 or so years, who knows what actually will happen?

[@radearpurba3589]

@@ADobbin1 So, How about the concept of the deflationary environment and what's purpose the government print a lot of money, sir ? 🙏

[@ADobbin1]

@@radearpurba3589 well your assumption first off is that the government is the only one printing money. In reality the government creates very little money. 90% of it is created by banks every time they issue a loan to a business, or so someone can buy a house or a car, even when you buy something on a credit card you are creating money out of thin air. The only real money that exists is in the form of dollar bills, or stretched a bit, the money in a savings or checking account. Government prints money so you don't have to drag around a cart full of whatever you produce in life to trade for the stuff you don't have but want.

[@radearpurba3589]

@@ADobbin1 thanks for this information (your insight) 🙏😔☺️

[@alexi2460]

H H is brillant, one of the few truthful analyzers. He just missed one elephant, china pretending covd is spreading and closing down factories to keep cheap supplies limited

[@tictoc5443]

Actions speak louder than words

[@slovokia]

Fedfog sounds like a new flavor of vape. Does the smoke glow in the dark when you exhale?

[@Heavy_Distortion]

Hugh can see around corners.

[@issenvan1050]

Just look at AEM’s earnings from two days ago!

[@mayurdpd]

Cathy Wood's brother

[@tc9508]

that's low ;-)

[@buybullhornamazon]

He dry is overly optimistic about the same old playbook of free money printing. He does not discuss Debt to GDP ratios being a longterm drag on economic growth and equity valuations in the borader market. Hendry seems delusional to the notion of anything which is not obsessively optimistic.

[@vbcham]

Hugh Hendry is a god. He doesn’t do 10seconds though 😊

[@mrpaulisherwood]

Brilliant - I listened back slowly to get through your crazy smart brain - broke it down - you are on the money!! I get what you are saying very clearly

[@edadams4631]

Go out and be a normal guy on a Friday. Get a life

[@Finance-Food-and-Freetime]

Can you explain the last part about the Italian bond v German ones?

[@deepakjakkareddy]

I really don’t understand half the references this guy Hugh makes. Is it just me?! 😢

[@tonydixon9579]

He's in love with his own brain. Google his old investor letters for more pseudo intellectual BS. He does't write them anymore since he blew up his hedge fund. That's why he hires himself out to CNBC nowadays. Got to love him though

[@aheroictaxidriver3180]

Don't fight the Fed. There MUST be an asset bubble somewhere. Maybe it isn't big market equities. But it IS somewhere.

[@tastypymp1287]

It's everywhere....

[@aheroictaxidriver3180]

@@tastypymp1287 If it was everywhere, prices wouldn't be rising.

[@tastypymp1287]

@@aheroictaxidriver3180 They're not rising, they're declining. Pan out and look at the bigger picture.

[@aheroictaxidriver3180]

@@tastypymp1287 The bigger picture is you're an idiot.

[@tastypymp1287]

@@aheroictaxidriver3180 Your knowledge could fit on a postage stamp.

[@georgefe581]

marvellous

[@peterdenis7325]

Knowledge and research are crucial parts of investing, This is why I've made Astronomical returns. Investing withMichael kayla.

[@gerhard7323]

Always very entertaining, but I never really understand what he's talking about.

[@frstchan]

1:50 - Uh... when the FED lowers rates, nobody complains. And thats what they have done mostly for YEARS. Not sure why he says is "the default" its quite the opposite in fact.

[@theonewhoknocks2835]

Hendry is touching on the scariest topic of all, the Eurodollar system and its contraction

[@issenvan1050]

The end is good.

[@thomaskauser8978]

The diesel shortages are a result of refining the strategic oil reserve into fuel for export? THE FEDERAL RESERVE MUST COLLAPSE OIL DEMAND. IT'S WHAT THEY DO!

[@wuhgees]

Help me understand here. he's betting the fed will pivot and usd goes down?

[@tonydixon9579]

He's talking b011ocks as he knows controversial comments = more show invites. He blew his hedge fund up circa 2012. Take him with a large pinch of salt

[@method341]

Discretionary spending is on its ass? Then why are stocks like Hershey and T-Mobile at all time highs?

[@mgg80]

I'd say because T-Mobile is like an unregulated utility, i.e. having a mobile carrier is not so "discretionary" in the 21st Century. As to Hershey, it seems easier to give up a new car or fancy purse than sugar. Again, not so squarely in the "discretionary" bag but close to a staple. Don't you think?

[@jakw97]

The issue is debt, debt is too high. The US is not productive enough, they don't make anything, and finance the spending with more borrowing.

[@VeritasAmantesVocat]

7:30 "the debtor class."

[@GEOPOLITICALANALYSIS]

It's an era of trading, not long-term investment.

[@sandikennelly1357]

Get the government to stop excessive spending. Then tell the banks to bring reserves up from zero what it is now. They will suck up the excess money in the system and inflation will disappear in my opinion.

[@jimuren2388]

Hugh can be disorganized. Not here! He's firing on all cylinders.

[@ovader9059]

"outside the European region where u are, in the UK" I really hope he meant the European Economic Area (EEA), as too many thinks UK left Europe and not the European Union (EU)... XD

[@jamesruscheinski8602]

raise interest rates on government borrowing to stop inflation; lower interest rates on mortgage and consumer borrowing by amount of inflation to stimulate markets and economy

[@minionmememindset7889]

Hendryheads tapping in for the algo brother HH

[@STLT]

Rid ourselves of Central banks..

[@issenvan1050]

Gold has made ATHs in every currency but USD, & it has fallen a lot less than any other asset against USD, & last time DXY was this high gold was around $250. Hence, gold has done, is doing, & will be doing its job!

[@neonovalis]

I think he meant 2008 when he said that ... yes, now Gold shows only weakness vs the $ ...in €, Yen and Pound it is close to an all time high or above it... Gold can have weak periods ... but Gold really does it's job - at least so far.

[@issenvan1050]

E = mc2 Nothing disappears! Where did that “wealth” go?

[@manishtandon3171]

Jerome Powell and Janet Yellen must watch this!

[@nooked23]

Looks like rock n roll JPowell😂