Financial Times/Eric Platt, Brooke, Joe Rennison and Kate Duguid/5-3-2022
“Guggenheim Partners chief investment officer Scott Minerd called time on the long-running Treasury bull market, warning interest rates could ‘trend higher for a generation’ as the Federal Reserve tightens monetary policy to combat inflation.”
USAGOLD note: Minerd says that Fed tightening could “induce a financial accident” and that the stock market is “a likely place” for that to happen. He has consistently recommended gold ownership in the past.
