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<blockquote data-quote="Maddog" data-source="post: 468097" data-attributes="member: 5355"><p><h4><strong>Steve Hanke: Gold Could Hit $6,000 as Fed Loses Grip</strong></h4><p>Renowned economist Steve Hanke sees <a href="https://www.youtube.com/watch?v=5fpf6Lv5iq0" target="_blank">gold climbing to $6,000 in this bull cycle,</a> citing central bank disarray and a weakening dollar. In a wide-ranging interview, Hanke warned that political pressure — especially from Trump-aligned Fed appointments — could accelerate money supply growth and erode Fed independence. </p><p></p><p>Hanke argues that markets are misfocused on interest rates instead of money supply trends, which he sees as the real inflation driver. Hanke also dismissed fears that gold needs a crisis to soar, pointing instead to structural income and monetary shifts already underway. </p><p></p><p><strong><em>Why this matters:</em></strong> A loss of confidence in central bank credibility is rocket fuel for gold. If economist Steve Hanke is right, we’re still in the early innings of this gold rally…</p></blockquote><p></p>
[QUOTE="Maddog, post: 468097, member: 5355"] [HEADING=3][B]Steve Hanke: Gold Could Hit $6,000 as Fed Loses Grip[/B][/HEADING] Renowned economist Steve Hanke sees [URL='https://www.youtube.com/watch?v=5fpf6Lv5iq0']gold climbing to $6,000 in this bull cycle,[/URL] citing central bank disarray and a weakening dollar. In a wide-ranging interview, Hanke warned that political pressure — especially from Trump-aligned Fed appointments — could accelerate money supply growth and erode Fed independence. Hanke argues that markets are misfocused on interest rates instead of money supply trends, which he sees as the real inflation driver. Hanke also dismissed fears that gold needs a crisis to soar, pointing instead to structural income and monetary shifts already underway. [B][I]Why this matters:[/I][/B] A loss of confidence in central bank credibility is rocket fuel for gold. If economist Steve Hanke is right, we’re still in the early innings of this gold rally… [/QUOTE]
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