Mish Shedlock – X, Released on 11/18/23

The notion the Fed will revalue gold is preposterous.

1: No evidence suggests the Fed cares what the price is.

2: It not in their control.

3: It's not in their mandate.

4: There is no benefit to the Fed to try@CEOTechnician wins this point easily and there are 3 more https://t.co/5qVhZwnFeO

— Mike "Mish" Shedlock (@MishGEA) November 19, 2023

Mike “Mish” Shedlock is a registered investment advisor and representative for Sitka Pacific Capital Management. His articles about the the economy and investing online can be found at Mish Talk.