Fed officials have everything to gain from a strong stock market. People on the inside of the Federal Reserve System know when decisions to hike rates are coming, so they have the ability to go ahead of these announcements and profit from this information. Of course, we already knew that. Here’s how it’s done: http://bit.ly/2d4um4d
00:00 – Audio starts 00:04 – Announcer: “Markets were relatively quiet yesterday in advance of today’s FOMC meeting. Gold and silver ended almost unchanged; stock prices were also flat. Fed Reserve bankers aren’t the only ones gathering this week. Officials from the Bank of Japan met overnight.” 00:18 – “Despite prior efforts to weaken the Yen and generate price inflation, the Japanese currency has been strengthening relative to the U.S. dollar.” 00:25 “That dynamic also lent support to gold and silver prices. Here’s a special report now from Mike Gleason of Money Metals Exchange.” 00:32 – Mike Gleason interviews Michael Rivero 05:42 – Gold and silver price charts. Price charts do not reflect live prices. If you’d like to see live prices, please visit: http://bit.ly/price-charts |
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