The Danger of the Fed’s Tall Tales

by Jeff D. Opdyke
The Sovereign Investor

Gold is rallying again. The dollar’s not.

You should probably make peace with this trend; it’s going to define our future into the 2020s.

Because now the market plainly sees — as I have been saying since 2012 — that the U.S. economy is a bit like Wile E. Coyote: His jerry-rigged plans to catch his prey never quite work out, because he’s not wily enough to understand that his plans are doomed from the outset. He doesn’t understand his prey.

Thirty-eight thousand jobs. That was the latest Acme anvil to smack the coyote senseless.

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