GOLD and WTI : are we back to 2007?

 8.45pm : done dinner. was explaining why this time NO DIFFERENCE vs 2007-2008 ...

The Fed completed its 2005-2006 campaign for rate hikes in June 2006. By early 2007, the housing bubble was bursting and the unemployment rate started to rise. With the economy ailing, the FOMC started reducing rates in September 2007, eventually slashing rates by 2.75 percentage points in less than a year.

Now, FED not yet cut rate ...might be delayed to JUNE 24 or beyond as unemployment rate is LOW (very low) ... wait after cut-rate ... wait and see after 12 months, then only talk about crash la ...why always talk about CRASH ...  profit from the current run in 2024 ... then get out, can?

GOLD at new high ... see the SEPT 2007 ... we are there now ... but due to the lag effect, we might hit new new high around mid-2025 (crypto too? that I don't know as those are gambling-instruments)

WTI is back to SEPT 2007 ... wait for ONE MORE YEAR ... oil up, inflation in US not up meh? Then why FED would need to cut rate, right? Common sense would tell you that something FISHY inside their books ... as they are not transparent or accountable. By the way, they lost the trust, ya. 

Now, someone owe me coffee ...to share these, ya. 

So ... don't talk about market crash to me in 2024 ... it wont.

TEH