Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / **ALERT** Federal Reserve NEWS Rocks SILVER & Gold

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**ALERT** Federal Reserve NEWS Rocks SILVER & Gold · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

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  Nothing affects the silver price and gold price like the Fed.
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  They have the power to rock the precious metals world.
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  It's like the wind in a sailboat race, and that's the best
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  analogy I can come up with. The Fed over the last two years
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  has impacted the price of silver in the price of gold like
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  nothing else. I've been inundated with emails
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  request my view upon what's going to happen at the upcoming
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  July Federal Reserve monetary policy where they will set
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  interest rates. I'm going to share that with you
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  in this video because it's critical to understand what to
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  expect and what I think is going to then happen in the coming
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  weeks. So on Wednesday, we're going to
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  hear from our old friend Jerome E Powell.
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  You want to see Jerome? I can show you Jerome.
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  Here he is in his box. He's got a recession on one side
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  and inflation on the other. Here's Jerome.
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  Everybody say, hi Jerome. What they're going to do is
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  raise rates just like the market expects, by .25%.
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  And then he's going to do even more of what the market expects.
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  He's going to communicate exactly what everybody
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  anticipates he will say regarding further monetary
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  policy, interest rate decisions in the future.
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  It's going to be the most expected middle of the road, no
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  surprises that we're ever going to hear from the Fed.
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  Now, I could be wrong. That's just my prediction.
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  Don't bet millions of dollars either way based upon what I
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  say. But there's a big butt and I
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  like big butts. I cannot lie.
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  The important thing to remember is that as we move into the
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  latter part of the week, Thursday and Friday, as the
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  market begins to digest what the Fed is doing, as the market
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  starts to wake up as to why Jeromey and his governors
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  decided to do exactly what everybody expected, people are
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  waking up that the Fed is in trouble.
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  Remember the box I showed you? He's got a recession on one
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  side, inflation on the other. They're scared.
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  They're fighting for your con evidence right now, con being
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  the key component of that word, right?
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  They're putting on a con job, that they've got everything
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  under control, People have started to lose faith in the
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  Fed, and more and more people are going to start to question
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  their ability to manage a soft landing, right?
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  That's right. We're going to do a soft
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  landing. Yeah, good luck.
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  We know how a lot of soft landings wind up.
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  And as more and more of us and not us, because you've already
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  woken up to what's going on, but more and more of the sheeple
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  start to wake up as to what is going on out there.
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  We're going to have a lot more people coming into the precious
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  metal sector. Investing in silver and gold can
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  be difficult at times. I want you to know you always
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  have a refuge here in the basement with me where we can
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  have some camaraderie and support for one another as we
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  navigate these choppy waters. I'll put out a new video every
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  day. Something valuable about Silver
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  and Gold. It would be my honor if you join
• 3:41
  me. Please subscribe to the channel
• 3:44
  and give the video a thumbs up. So Wednesday the Fed Everything
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  will be exactly as expected. By Friday I'm predicting Gold
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  price over $2000 per oz Silver. I'm not so sure about Silver
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  will be up, but Silver is going to take a couple days to catch
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  up. The whole story behind Silver,
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  outside of just monetary issues is astounding.
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  You can watch some of my other videos.
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  The demand for silver in the next 10 years versus the supply.
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  It just makes for the most rosy yellow brick road path for the
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  silver price that you could ever imagine.
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  But this video is about the Fed and believe me on Wednesday,
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  because Jerome is scared, right? Jerome knows what's really going
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  on out there. They know that the US isn't big.
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  Big trouble guys. Look no further than our
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  national debt. My Lord. 32 trillion dollars,
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  130% of GDP. The national debt alone is
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  horrific. But then consider that on top of
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  that, our trusted servants in Washington DC continue to spend
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  significantly more money then the country brings in every
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  year. Yes, they spend over a trillion
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  dollars more every year then the country brings in.
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  And where do you think that extra trillion goes?
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  Well, it goes on to the national debt because they need to borrow
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  money to subsidize that excess spending.
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  But it gets even crazier when you consider then that that
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  growing debt pile is also accruing interest, experiencing
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  interest expense on a higher base level but also at a higher
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  interest rate. So we've got more debt
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  experiencing more interest expense because interest rates
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  are going up. And where does that new
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  additional interest rate expense go to?
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  Well, that adds on to the deficit, which then adds on to
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  the overall national debt. Are you getting the picture?
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  If not, envision this envision and already big snowball, right?
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  It was a little snowball 20-30 years ago, but now imagine a big
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  snowball crashing down the mountain, growing and growing
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  and growing, and it becomes exponential.
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  Expeditional, expeditional, exponential Expo.
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  I can't say that word. That's weird.
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  That's never happened to me before anyway.
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  You know, bigger and bigger. We'll leave it at that until it
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  crashes at the bottom. And hey, that's what we have to
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  look forward to here in the United States, right?
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  Basic, simple math. the Fed can't do anything about that.
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  the Fed can change and put up a lot of smoke and mirrors.
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  But can the Fed change the basic laws of mathematics?
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  We're soon going to find out, but on Wednesday, what you can
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  expect from Jerome is just a bunch of exactly what the market
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  is anticipating. And then you can enjoy the
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  latter part of the week as more and more people wake up to the
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  reality of what's going on, the reality of the situation.
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  Sure, the talking heads on CNBC and Fox Business, they'll have
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  all kinds of things to say about blah, blah, blah.
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  But we know these guys are full of it.
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  Remember, watch what they do, not what they say.
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  Also, on top of that, OK, also you've got to consider.
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  You've got to consider that if you do decide to listen to what
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  they say, most likely what they're saying is a bunch of BS.
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  Look no further back than two or three years ago.
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  Remember, inflation was nothing to worry about then it was
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  temporary, then it was transitory, and then it became a
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  big, huge problem. And they lie to us about the
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  numbers. Anyway, remember what Jerome
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  said about interest rates just two years ago?
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  Jerome said we're not going to raise interest rates until the
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  end of 2023. Check your calendar.
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  We're only halfway through 2023 and we're at the tail end of the
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  fastest cycle of interest rate hikes in history.
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  So guys, buckle up for Wednesday.
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  Look, this is just my prediction.
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  Don't make any financial decisions, don't decide to get
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  engaged or adopt A puppy, anything like that based upon
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  the information that I share with you.
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  But I've been inundated with questions about this, so I
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  wanted to put out a quick video today.
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  Most important, I want you to be well.
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  Go watch a live stream and I'll see you soon.