Something’s Gonna Break!

File:Marriner S. Eccles Federal Reserve Board Building.jpg

Image source: Wikipedia

Last week, the Bank of England threw in the towel on its inflation fight and launched a quantitative easing program. Why? Because something broke in the UK financial system. That led to a rally in stocks and precious metals this week as many in the US realized the Fed might be closer to a pivot than previously thought. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about why he thinks something is going to eventually break in the US economy.

Topics Covered

  • The Bank of England’s pivot
  • A UN Report Asking Central Banks to stop tightening and the ramifications
  • The National Debt
  • Gold’s performance in 2022
  • Breaking the September jobs report

Running Length: 00:29:40


More By This Author:

India Charts Healthy Gold Demand In September
Trade Deficit: Are Falling Imports Further Sign Of Recession?
National Debt Blows Passed $31 Trillion! So What?
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with