Central Banks have mandates to control the monetary order, for example, the US Federal Reserve has a dual mandate: stable prices and full employment. So legally, they are to manage the monetary system to keep prices stable, But how do they manage stable prices?...by an arbitrary number, by focusing on 2% inflation, and... as hard as the Central Banks around the world have tried to fight inflation, it looks like some of the central banks might be ready to throw in the towel and give up on the 2% number!
So in this video, I will break down: Which central banks are on the verge, What exactly they said,
Where the US Federal Reserve sits on this, and what asset prices are doing in response to this.
...and of course, I will discuss some of my favorite ways to play this as it all unfolds.
So let’s go!
West Red Lake Gold Mines
Ticker: WRLGF
TSXV: WRLG
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