Sep 22, 2022
Summary:
Craig Hemke comes on the show to give a comprehensive update on
precious metals—which have been sinking. Craig says that it’s
remarkable that they’re not even more down based on interest rates,
the stock market, and the Fed’s recent decisions. There seems to be
a sense of complacency with the Fed, but it’s time to acknowledge
that they can’t fix everything, and many of their recent moves have
worsened the problems we’re currently facing. Listen in for more
insight from myself and Craig.
Highlights:
-Precious metals have been sinking
-Gold and silver are down, but it’s remarkable that they’re not
down more in consideration of interest rates, the stock market, and
the Fed’s moves
-Silver is closer to/has already seen its lows
-Craig is more worried about gold, running its stops
-The Fed needs to make a choice between letting the dollar go to
nothing, or killing the economy/stock market
-People are viewing the Fed as an omnipotent force with full
control over currency
-There is complacency across the markets, but this is not a
sustainable way of thinking
Useful Links:
Financial Survival Network
TF Metals Report