Gold +17% - BTC -21%
- Gold is up 17% since March 15th
- BTC is Down 21% since March 15th
- Who is King ?
- Shows everyone jumping out buying Gold
- No One wants to be the last one Holding an Empty Bag of BTC
- Fed is Dropping Rates Powell has said so himself
- Some may be baked in by the time we get there.
- Date: Sept 18th
- "With inflation cooling toward its 2 percent target, the pace of hiring slowing and the unemployment rate edging up, the Fed is poised to cut its benchmark interest rate next month from its 23-year high"
- "Fed to cut rates by 25 basis points on Sept. 18, twice more in 2024: Reuters poll"
- "After its meeting next week, the Fed will deliver two more 25-basis-point rate cuts this year - in November and December - according to 65 of 95 economists"
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