John Williams from Shadow Government Statistics discusses the impact of inflation, risks in stocks and bonds, the reliability (or lack thereof) of official economic metrics, and the benefits of physical gold.
Fed Chair Jerome Powell says it again, and this time the bulls appear to be listening: The Federal Reserve is not done hiking interest rates. Fed members expect another 0.50% rise in interest by the end of the year.
Central banks are notoriously slow to change direction – but a change is coming, and as central banks lower rates and start up the money printing presses to put out the fires they created, gold and silver will rally again.
I don’t think the Great Reset will work out as neatly as Klaus Schwab and the Elite hope. Because if we keep moving in the current direction, civilization itself could collapse.
Open your mind to the potential for new market highs. I am not saying this will happen, but the potential will be clarified by the market over the coming several months.
Stocks have tried to deny reality since the Fed made it clear in multiple statements there is zero chance of the Fed returning to looser monetary policy this year.
