Reactive/proactive26 Aug 2023 12:15
Hi All. There were big expectations from the 2 big meets this week. The brain dead attending the Jackson Hole meet, after long deliberation and plenty of freebies the big statement by the head declared ------------------absolutely zero. The fed intends to react to events as opposed to being proactive and stopping the rot. At the other big meeting of the BRICS an announcement was made to allow many other countries to join. Not too much was said openly about the new gold backed currency but i will bet with a few of my Britts that behind closed doors it was at the top of the agenda. ATB Speedy