Monday, November 23, 2020

Tag: Oct. 5

“Wages are rising.” – Special guest Rick Rule on the US job market – Weekly Wrap-Up, Oct. 5, 2018

by Craig Hemke, Sprott Money:

With the release of the employment report, Rick Rule stops by to discuss the job market, bond yields, the strength of the US dollar, and the gold market:

“My gut feeling is, that the bond market is telling us a couple of things: that there is enough liquidity in the system that markets can take higher interest rates. The fed is not as concerned about letting interest rates rise as they would have been 2 years ago. I think the second thing is that savers are beginning to demand higher yields because they do see pressure on the dollar.”