We're Heading Toward An Event That Forces The Fed's Hand
On one hand the White House and the Federal Reserve officials are holding to the mantra that the economy is still strong and roaring.
On the other hand even the Fed is forecasting rate cuts this year, while the White House usually fails to mention that a lot of the GDP growth we're seeing would disappear pretty quickly if the Treasury wasn't running some alarmingly increasing deficits.
So today Bill Holter stops by to separate fact from fiction.
He talks about why he feels there's a liquidity event coming that will force the Fed to lower interest rates, what he's seeing in terms of a shift in what the world is considering the 'risk-free' asset, and the latest on the growing mismatch between the amount of silver that's being used vs. what's produced.
Video Length: 00:43:21
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