$BTC
$XAU
$PAXG
Not beyond expectation, Warsh remains hawkish and still tight-lipped about the future direction of interest rates. The market’s reaction also doesn’t seem to be affected too much; however, the possibility of a worse PCE is still there. Uncle Noi of mine continues to bomb Iran. Oil prices rise again, and winter is here again—looks like soon the prices of gas and petroleum products will increase. BTC is highly likely to sweep toward 50k. They talk big about cutting rates, but in practice they impose taxes and start wars—truly American capitalism!
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