History shows that the Fed increasing Fed Funds rates has historically been good for Gold prices.
We also discuss the Fed lies supporting the US dollar and US Treasury debts.
Since 2014, Russia’s central bank has been switching out Federal Reserve Notes for gold. According to the latest reports, the Bank of Russia now holds 23% of its foreign reserves in gold and just 22% in U.S. dollars.
The runaway inflation crisis … will only get worse until we finally reach a breaking point where the Fed will lose all control over inflation expectations, sparking what may become hyperinflation, currency debasement and collapse … and the end of the Fed itself.
Thomas Thornton, founder of Hedge Fund Telemetry, joins us to talk about how many hedge funds are looking at the current market, including his take on silver, gold, Russia, Ukraine, the Fed, Inflation and many other topics.
Gold’s upside potential in this next hiking cycle is way bigger than normal due to the raging inflation the Fed’s extreme money printing unleashed, driving bubble-valued stocks.
The point I want to stress, though, is that any inflation is a problem. Even 2% inflation—which the Fed now regards as a floor—steals your purchasing power. Slow-motion theft is still theft. Now it’s not even slow motion.
As precious metals industry leaders in Latin America, the trio enlightens Andrew Maguire on the global scale of the inflation problem and presents physical gold as the stable monetary solution for local citizens.
Energy remains the biggest contributor to CPI inflation, in January representing 27% compared to 29.3% in December. Oil and inflation are linked because oil is such a major input of the global economy...
I came to realize that the only reason they didn’t manage to get the annual CPI rate of inflation down from December to January with all their category re-weighting was that they likely couldn’t.
The Idaho State House overwhelmingly approved a bill which enables the State Treasurer to protect state reserve funds from inflation and financial risk by holding physical gold and silver.
