
← Kitco NEWS30. Sept. · 1 Std. 13 Min.
The Fed Is Squeezing Borrowers but Washington Keeps Spending | Lyn Alden
The Fed Is Squeezing Borrowers but Washington Keeps Spending | Lyn Alden
Lyn Alden says Washington is on track to run roughly $10 trillion in deficits over the next five years, and she sees no appetite among voters, Congress or the president to cut spending. She's holding her gold, but after the run toward $5,000 she says it's "less of a screaming buy," and she wants to see a stronger base before she'd pound the table again. In this interview, Lyn explains why she thinks the Fed may not have the tools to fix fiscal-driven inflation, why rate hikes can grow the de...