Gold +17% - BTC -21%

13 Eyl 2024

• Gold is up 17% since March 15th
  
• BTC is Down 21% since March 15th
  

• Who is King ?
  

• Shows everyone jumping out buying Gold
  
• No One wants to be the last one Holding an Empty Bag of BTC
  

• Fed is Dropping Rates Powell has said so himself
  
• Some may be baked in by the time we get there.
  
  
• Date: Sept 18th
  
  
• "With inflation cooling toward its 2 percent target, the pace of hiring slowing and the unemployment rate edging up, the Fed is poised to cut its benchmark interest rate next month from its 23-year high"
  
  
• "Fed to cut rates by 25 basis points on Sept. 18, twice more in 2024: Reuters poll"
  
  
• "After its meeting next week, the Fed will deliver two more 25-basis-point rate cuts this year - in November and December - according to 65 of 95 economists"