Fidelity macro expert Jurrien Timmer says that a Fed pivot back to lower interest rates could ignite fresh bull markets for gold and Bitcoin (BTC).
Timmer points out to his 162,000 Twitter followers that gold and Bitcoin have outperformed virtually all other financial assets so far this year.
He says an economic scenario could develop whereby the US government decides it must lower interest rates in order to make it easier to address its debt.
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According to Timmer, a Fed pivot could hurt the dollar and push BTC and the precious metal skyward.
“If the country develops an urgent need for lower rates to pay for the massive debt stock, that could undermine the Fed’s autonomy. In such a scenario, it would be easy to
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