| Fed will collapse the economy and be forced to pivot The Federal Reserve raised #TheFed funds rate by a further 75 basis points to a range of 3.75% to 4.00%, as expected this week. And the statement had hints of a possible pivot – or slowing of rate increases. Citing the slowing of global activity and mentioning “the committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and #inflation, and financial developments”, the Fed gave faint hope to bond and equity investors. Markets took the statement as a dovish sign and rallied. #Gold rallied too, for a moment. This week we discussed access to rare earths and how the West’s energy supply hangs in the balance. See the conversation with Dr. Stephen Leeb, here: -v3JrWQ Background music via pixabay by penguinmusic: https://pixabay.com/music/upbeat-peng... If you're looking to buy gold or silver coins or bars, GoldCore currently has good stocks available visit the following website to learn more: US & ROTW - https://www.GoldCore.com UK - https://www.GoldCore.co.uk Ireland - https://www.GoldCore.ie _______________________________________________________ GoldCore TV is the home of precious metals market information and the hit show The M3 Report. Our channel features news, interviews, and podcasts with prominent industry figures to help people make informed investment decisions. Subscribe to our channel to stay up to date on the latest precious metals news and views. Follow us on social media: Facebook - https://www.facebook.com/GoldCore Twitter - https://twitter.com/GoldCore Disclaimer: Videos published are not investment advice and the views expressed may not reflect those of GoldCore ltd. |
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