Last week the Fed found out what will happen if it raises rates: The global financial markets will melt down. A new member of the central bank’s seemingly endless army of talking heads said some soothing words, which stabilized the US stock prices. Now the question is when the Fed will finally capitulate, abandon the rate hike threats and join the global inflationary party. After last week, that’s likely to come soon. Then it’s off to the races for real assets.

Audio Length: 00:09:40