Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **ALERT** Federal Reserve NEWS Rocks SILVER & Gold
Transcript
- 0:03Nothing affects the silver price and gold price like the Fed.
- 0:07They have the power to rock the precious metals world.
- 0:12It's like the wind in a sailboat race, and that's the best
- 0:17analogy I can come up with. The Fed over the last two years
- 0:21has impacted the price of silver in the price of gold like
- 0:25nothing else. I've been inundated with emails
- 0:29request my view upon what's going to happen at the upcoming
- 0:34July Federal Reserve monetary policy where they will set
- 0:38interest rates. I'm going to share that with you
- 0:41in this video because it's critical to understand what to
- 0:45expect and what I think is going to then happen in the coming
- 0:50weeks. So on Wednesday, we're going to
- 0:52hear from our old friend Jerome E Powell.
- 0:55You want to see Jerome? I can show you Jerome.
- 0:58Here he is in his box. He's got a recession on one side
- 1:02and inflation on the other. Here's Jerome.
- 1:05Everybody say, hi Jerome. What they're going to do is
- 1:11raise rates just like the market expects, by .25%.
- 1:17And then he's going to do even more of what the market expects.
- 1:22He's going to communicate exactly what everybody
- 1:26anticipates he will say regarding further monetary
- 1:30policy, interest rate decisions in the future.
- 1:34It's going to be the most expected middle of the road, no
- 1:38surprises that we're ever going to hear from the Fed.
- 1:42Now, I could be wrong. That's just my prediction.
- 1:45Don't bet millions of dollars either way based upon what I
- 1:50say. But there's a big butt and I
- 1:53like big butts. I cannot lie.
- 1:56The important thing to remember is that as we move into the
- 2:00latter part of the week, Thursday and Friday, as the
- 2:05market begins to digest what the Fed is doing, as the market
- 2:09starts to wake up as to why Jeromey and his governors
- 2:14decided to do exactly what everybody expected, people are
- 2:19waking up that the Fed is in trouble.
- 2:22Remember the box I showed you? He's got a recession on one
- 2:26side, inflation on the other. They're scared.
- 2:29They're fighting for your con evidence right now, con being
- 2:35the key component of that word, right?
- 2:39They're putting on a con job, that they've got everything
- 2:43under control, People have started to lose faith in the
- 2:46Fed, and more and more people are going to start to question
- 2:50their ability to manage a soft landing, right?
- 2:54That's right. We're going to do a soft
- 2:57landing. Yeah, good luck.
- 2:59We know how a lot of soft landings wind up.
- 3:02And as more and more of us and not us, because you've already
- 3:06woken up to what's going on, but more and more of the sheeple
- 3:10start to wake up as to what is going on out there.
- 3:14We're going to have a lot more people coming into the precious
- 3:17metal sector. Investing in silver and gold can
- 3:20be difficult at times. I want you to know you always
- 3:24have a refuge here in the basement with me where we can
- 3:28have some camaraderie and support for one another as we
- 3:31navigate these choppy waters. I'll put out a new video every
- 3:35day. Something valuable about Silver
- 3:38and Gold. It would be my honor if you join
- 3:41me. Please subscribe to the channel
- 3:44and give the video a thumbs up. So Wednesday the Fed Everything
- 3:48will be exactly as expected. By Friday I'm predicting Gold
- 3:53price over $2000 per oz Silver. I'm not so sure about Silver
- 3:58will be up, but Silver is going to take a couple days to catch
- 4:02up. The whole story behind Silver,
- 4:05outside of just monetary issues is astounding.
- 4:09You can watch some of my other videos.
- 4:11The demand for silver in the next 10 years versus the supply.
- 4:16It just makes for the most rosy yellow brick road path for the
- 4:21silver price that you could ever imagine.
- 4:23But this video is about the Fed and believe me on Wednesday,
- 4:27because Jerome is scared, right? Jerome knows what's really going
- 4:31on out there. They know that the US isn't big.
- 4:35Big trouble guys. Look no further than our
- 4:37national debt. My Lord. 32 trillion dollars,
- 4:42130% of GDP. The national debt alone is
- 4:47horrific. But then consider that on top of
- 4:50that, our trusted servants in Washington DC continue to spend
- 4:56significantly more money then the country brings in every
- 5:00year. Yes, they spend over a trillion
- 5:02dollars more every year then the country brings in.
- 5:06And where do you think that extra trillion goes?
- 5:09Well, it goes on to the national debt because they need to borrow
- 5:13money to subsidize that excess spending.
- 5:16But it gets even crazier when you consider then that that
- 5:21growing debt pile is also accruing interest, experiencing
- 5:27interest expense on a higher base level but also at a higher
- 5:33interest rate. So we've got more debt
- 5:37experiencing more interest expense because interest rates
- 5:41are going up. And where does that new
- 5:43additional interest rate expense go to?
- 5:46Well, that adds on to the deficit, which then adds on to
- 5:51the overall national debt. Are you getting the picture?
- 5:54If not, envision this envision and already big snowball, right?
- 5:59It was a little snowball 20-30 years ago, but now imagine a big
- 6:04snowball crashing down the mountain, growing and growing
- 6:10and growing, and it becomes exponential.
- 6:13Expeditional, expeditional, exponential Expo.
- 6:19I can't say that word. That's weird.
- 6:21That's never happened to me before anyway.
- 6:24You know, bigger and bigger. We'll leave it at that until it
- 6:29crashes at the bottom. And hey, that's what we have to
- 6:32look forward to here in the United States, right?
- 6:35Basic, simple math. the Fed can't do anything about that.
- 6:41the Fed can change and put up a lot of smoke and mirrors.
- 6:44But can the Fed change the basic laws of mathematics?
- 6:48We're soon going to find out, but on Wednesday, what you can
- 6:53expect from Jerome is just a bunch of exactly what the market
- 6:58is anticipating. And then you can enjoy the
- 7:03latter part of the week as more and more people wake up to the
- 7:07reality of what's going on, the reality of the situation.
- 7:12Sure, the talking heads on CNBC and Fox Business, they'll have
- 7:16all kinds of things to say about blah, blah, blah.
- 7:19But we know these guys are full of it.
- 7:21Remember, watch what they do, not what they say.
- 7:28Also, on top of that, OK, also you've got to consider.
- 7:33You've got to consider that if you do decide to listen to what
- 7:38they say, most likely what they're saying is a bunch of BS.
- 7:43Look no further back than two or three years ago.
- 7:47Remember, inflation was nothing to worry about then it was
- 7:50temporary, then it was transitory, and then it became a
- 7:55big, huge problem. And they lie to us about the
- 7:59numbers. Anyway, remember what Jerome
- 8:02said about interest rates just two years ago?
- 8:06Jerome said we're not going to raise interest rates until the
- 8:09end of 2023. Check your calendar.
- 8:14We're only halfway through 2023 and we're at the tail end of the
- 8:19fastest cycle of interest rate hikes in history.
- 8:24So guys, buckle up for Wednesday.
- 8:26Look, this is just my prediction.
- 8:29Don't make any financial decisions, don't decide to get
- 8:32engaged or adopt A puppy, anything like that based upon
- 8:37the information that I share with you.
- 8:38But I've been inundated with questions about this, so I
- 8:41wanted to put out a quick video today.
- 8:44Most important, I want you to be well.
- 8:47Go watch a live stream and I'll see you soon.