The Fed continues to raise interest rates to try and fix the economy and bring down inflation. But this is like hammering someone's head to stop the headache. Hiking rates won't cure inflation, it will only make it worse.
I could be wrong, but I also think it’s going to be a little harder for the bulls to get their enthusiasm back this time. Still, they are endlessly dumb, so who knows for sure?
John Feneck joins us to discuss the possibility for the Fed to rate hike two more times before the end of the year and what this will mean for the Silver and Gold markets.
People have the right to offer competing monies, as Hayek advocated. But Murray thought they would be unlikely to do this. The competition had already taken place, and precious metals were the winner.
