BlackRock has warned the marketplace that they are dismissing a potential boom hitting the marketplace, and it has nothing to do with equities rising; if anything, it’s all to do with inflation.
BlackRock is currently net short on treasuries, which will have an impact on the stock market and put pressure on cryptocurrency.
Gold and silver won’t like it if the yields on the dollar are higher, and if Warsh keeps his stance on keeping rates higher for longer, then that will naturally have an impact on gold’s continued trajectory to the upside.
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