Bob Moriarty, founder of 321gold.com, returns with insights on the financial markets.
- US equities sell-off followings hawkish Fed commentary.
- Could the end of "easy-money" near-zero rates implode the Western debt laden economy?
"People think of a 7% interest rate mortgage as high. I can assure them it's not. It got up to 18% in 1980. The Fed's continuing to raise rates is going to blow the bond market sky high. It's total chaos, and the end of the Western debt-based system.
Biden and th