Buy gold and silver with trusted industry leaders: bit.ly/OneGold-PreciousMetals How much will the Fed cut at the September FOMC meeting? FOLLOW GARY WAGNER: The Gold Forecast: thegoldforecast.com/ Twitter (@garyswagner): twitter.com/garyswagner UA-cam: www.youtube.com/@Thegoldforecast Subscribe to my free newsletter: davidlinreport.substack.com/
First of all, this whole economic chaos was powered by optimism that the FED is done with hiking interest rates. Now that interest rate crash is the situation, where do we go from here? How would you advise I safely allocate $250k funds at this point?
The market is volatile at this time, But doesn't the Federal Reserve's monetary policy and low interest rates contribute to the current valuations? hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/ETF you focus on.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors
I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Annette Christine Conte is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..
'Jessica Lee Horst' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thanks for this. could easily spot her website just after inputting her full name on my browser. She seems really proficient and flexible. she replied my inquiry and we scheduled for a call sometime tomorrow.
That was kind of my thought. Throw out the idea of 75bps, and go with 50. The Fed gets to look like it's not bending to politicians, but is also raising more than it was previously indicating.
Man one can only hope. I think the rate at which we go to zero is going to be frighteningly fast. Well scary if you are long. If you are short like I am ... it will be pay day.
He's one of those slow talking guys who uses a lot of unnecessary words wasting a lot of time. Very annoying. On the other hand,... Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%. Congratulations goldbugs.👍👍 good job.
My massive short postition wants as big of cut as possible. My want of the the dollar not going to zero wants them to raise. I put my money where my mouth was... so a crash, then a hyperifnationary depression. So for us stock tradres, a crash, then a hyper up move, than another even worse crash. This one is gonna take some timing.
Everybody needs to understand the economy is not slowing down because of interest rates, it's slowing down because prices are too high and people can't afford to pay with cash or credit
I think it's awesome how you do not get political or pick sides. You just State the facts as they are. Please always stay unbiased and in the center. When I start being able to tell which side you're on is when I'll stop watching. Stay great ok!
Exactly,... He's one of those slow talking guys who uses a lot of unnecessary words wasting a lot of time. Very annoying. On the other hand,... Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%. Congratulations goldbugs. good job.
Man I was getting super excited for a 50 bp cut... as I have a massive short position that I have been accumulating for over a year now. If we get a 75 bp cut... you might see me dancing naked in the streets.
The Fed is undoubtedly responsible for the present catch-up efforts, as they were first too slow to control inflation. The pandemic, supply-chain issues, are all contributing reasons to the impending inflationary perfect storm. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
@@purplebliss6875 A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.
@@Andreallln This is definitely considerable! think you could suggest any professional/advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
@@DeannaPeters-lz8we Her name is. Sharon Crump Cline. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
How pathetic that our entire economy is solely focused on one thing and one thing only, which is the Fed. We need a FED channel on cable, so that all anyone would ever talk about is what the FED will do next, what could the FED do next, what should the FED do next, what might the FED do next, what the FED possibly could do, why didn't the FED do it sooner, why the FED didn't do it later, what the FED had for breakfast, what the FED had for lunch, what the FED had for dinner, what was the last FED's bowel movement like,
You know how we fix this? Store your wealth in precious metals. If we collectively allocate 10%-20% of our networth to gold and silver, the fed would be powerless.
There won't be cheap energy with the current administration. There is a deep hatred between the energy powers and this administration. The Saudi's will kick them square in the....
Any interest rate reduction will make no difference at all to the economy. It means that the banking speculators are betting whether rate cut will be either .5% or .25%.
Yeah, but whole Fed is there to have blame goat. If it would not be there blame would be pointed to politicians in Washington. Whatever Fed does it will be wrong from some point of view.
It might be interesting to ask your guest what the effect would be on Gold if the BRICS issue a new currency backed by gold next month as stated in TASS.
@@jcgoogle1808 While the S&P gains are in the massively overvalued Mag 7 companies while the other 493 are losing. Look for the sp500 to go below 3000.
Warren to Powell: 75! recession is imminent if you don't cut by 75 Powell to Warren: You know i cant be seen as political, 50 close enough? Markets to Powell: 25!..no no 50! Trump to Powell: 25...50...75.. could be 80..90.. I am hearing as high as 1 million basis point🤣😂
Kamala to Powell: I think we should consider the history in the moment of time ok and to be able to conceptualize it not only to the past but to the future of the importance of the concept of time as it relates to the history in the moment of time. 😂🤣🤣🤣🤣🤣🤣🤣🤣
@@burgsymalone8269 What will you do to lower the high costs families are suffering as a result of your policies,... kacklingkamala? "I grew up in a neighborhood,.. with my sister and my mother,.. who worked hard. And there were construction workers and people were proud of their lawns",... he said nodding with compassion,.. "blah blah babble incoherently,...And let me be clear,.. we should turn the page." Yes,.. thanks to you no one can afford to take care of their lawns, Ok,..what do you think the Fed should do regarding rates? "I grew up in a neighborhood,.. with my sister and my mother,.. who worked hard. And there were construction workers and people were proud of their lawns",... he said nodding with compassion,.. "blah blah babble incoherently,...And let me be clear,.. we should turn the page." "Turn the page?"" So you're going to join Biden, start wearing a MAGA hat and vote for Trump? Is that turning the page? kackle kackle kackle
The credit over extension is what may be causing this and the increase of supply chain reductions. If you notice JPMorgan lost 6% today, and Ally, Citibank with increases in auto and credit charge offs. I believe we can go as far as 75 basis points due to these issues
Gold is down on Tuesday in Asia by a few dollars. Manipulated to buy a bit cheaper and show a quick paper profit once it goes up Wednesday. Or down because there's no fifty basis point cut on the 18th. We'll see.
data dependent means raise rates. inflation is creeping up, and job market is not doing bad. for those who say job mkt is not bad but its possible to deteriorate quickly, they should be saying the same about inflation. rate cut is literally the tool use to raise inflation. and the defence is always "inflation is coming down"", "under control", etc. What under control? the inflation is still far from 2% mandate. comparing it to 7% last year is like saying you failed the exam last year as you achieved only 10/100 and now you achieved 30/100, so now its the right time for you to get a university degree.
these people should have NOT positions in the stock market. See what happens when you have a stake in the stock market vs the economy. crazy talk of 50, now even crazier talk of 75 to prop up the stock market. If policymakers are neutral, they are in a better position to make a decision for the ECONOMY and the people, not for stock market and themselves
He's one of those slow talking guys who uses a lot of unnecessary words wasting a lot of time. Very annoying. On the other hand,... Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%. Congratulations goldbugs. good job.
Yep,.. He's one of those slow talking guys who uses a lot of unnecessary words wasting a lot of time. Very annoying. On the other hand,... Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%. Congratulations goldbugs. good job.
Bitcoin is a ponzischeme. You've been duped by a kid,.. what's his name Jack,..in a hoody or baseball cap that bitcoin is something more than a fiat with even less backing than the dollar. Gee Wally, if you think the dollar is bad,... why would you think bitcoin, with absolutely nothing backing it, is better?
I called 0.5 since the last meeting, it's not impossible we see 0.75 but I think we will see three deep cuts totaling 2% by year end. Probably 0.5, 0.75, 0.75 They need to get back to zero ASAP
Go to local county clerk and see in seconds no one is transferring titles for anything . Allmost zero people with no line . Tells me this country on verge of collapse .
Is this not bizarre to anyone else? The fed just follows the 2-year yield. Rates move without the fed doing anything. Mortgages have come way down from their peaks, despite the fed Funds rate staying steady. Fed Funds rate seems to be all for show. Not sure why there's so much focus on how much they'll be cutting.
Recession in necessary to fix rising unemploymentrate and stagnating decline of inflation. There will be lots of pain to achieve this. But after this, the FED will make the same mistake again, putting the moneyprinter back on.
The Fed funds rate follows the 2y and it is now at 3.5% so once again the Fed is late to the game. Don't believe me, just go look at a chart of the 2y and the Fed fund rate.
In anticipation of a potential U.S. interest rate cut, China has utilized over $100 billion in foreign exchange (FX) swaps to short the U.S. dollar. This strategy is part of China's effort to stabilize the yuan while avoiding the depletion of its foreign reserves. Through these swaps, Chinese state-run banks take short positions against the dollar, aiming to counteract selling pressure on the yuan.
Buy gold and silver with trusted industry leaders: bit.ly/OneGold-PreciousMetals
How much will the Fed cut at the September FOMC meeting?
FOLLOW GARY WAGNER:
The Gold Forecast: thegoldforecast.com/
Twitter (@garyswagner): twitter.com/garyswagner
UA-cam: www.youtube.com/@Thegoldforecast
Subscribe to my free newsletter: davidlinreport.substack.com/
No ! no cut this week
First of all, this whole economic chaos was powered by optimism that the FED is done with hiking interest rates. Now that interest rate crash is the situation, where do we go from here? How would you advise I safely allocate $250k funds at this point?
The market is volatile at this time, But doesn't the Federal Reserve's monetary policy and low interest rates contribute to the current valuations? hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/ETF you focus on.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors
I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Annette Christine Conte is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
Politicians should have to study economics before taking office!!!!!!
I watched an interview of a very old senator... that had no idea how money came into existance. It was terrifying.
😂😂😂😂 have you seen the circus in office
I can guarantee you it will not help to study economics. Especially if that study is provided by Columbia University or equivalent
And the constitution
@@jhfiv-1650 and the bill of rights
If they do a 75 BP drop> that's admitting is getting ready to hit the fan HUGE!
Even .50 means it’s already hit the fan 😂
Yeah…BTC will drop like a rock short term
@@hetman3196goot
Everything Would DROP! 😢😮
Why ?
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..
'Jessica Lee Horst' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thanks for this. could easily spot her website just after inputting her full name on my browser. She seems really proficient and flexible. she replied my inquiry and we scheduled for a call sometime tomorrow.
If Warren says drop the rates by 75 points, then they should be raised 75 points.
Probably.
75 bps gold over 3000
I. Bet 50 bots. As was said, the Fed wouldn’t do 75 pt move as requested in the letter from the senators-would be seen as controlled.
Gold 3000.... SILVER... $31.20...😅
Aww, Pocahontas wrote a love letter.
They are confirming we need 50 point cut…the 75 was used to confirm 59
That was kind of my thought. Throw out the idea of 75bps, and go with 50. The Fed gets to look like it's not bending to politicians, but is also raising more than it was previously indicating.
Thanks for bringing Gary back.
The economy is slowing down because people are tapped out.
75 would cause a crash
Man one can only hope. I think the rate at which we go to zero is going to be frighteningly fast. Well scary if you are long. If you are short like I am ... it will be pay day.
😂😂😂😂 75 would never happen
75 could potentially cause hyperinflation
Yup people not involved in the financial market don't understand this
@@prolific1518 75 is impossible
great content Gary Wagner is so intelligent
He's one of those slow talking guys who uses a lot of unnecessary words wasting a lot of time. Very annoying.
On the other hand,...
Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%.
Congratulations goldbugs.👍👍 good job.
it is always nice listen to Gary. thanks
J. Powell at the press conference be like:
Can you smell la la la la... what J. Powell is cooking? It's 50bps baby. Then, tear off the letter. Lol 😂
Lol. We are not getting a 75 rate cut. I say f**k it.. raise it 25. :p
My massive short postition wants as big of cut as possible. My want of the the dollar not going to zero wants them to raise. I put my money where my mouth was... so a crash, then a hyperifnationary depression. So for us stock tradres, a crash, then a hyper up move, than another even worse crash. This one is gonna take some timing.
Maybe raise it 75 bp? That might surprise the market. lol
Good analysis thanks.
Just saw Gary on Kitco, back to back video's is a treat.
the biggest risk to gold is an all-asset crash
Bingo. Everything will get drained.
Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%.
Congratulations goldbugs.👍👍 good job.
Mega inflation is on the way … they should’ve taken it to 600 bps and not touched it til March 2025
Americans cant suffer for a day without fighting. You want them to wait 6 more months?😅
Youre smoking some ganja
Half of a percent is a given in my opinion. Gold is going much higher. Things are going to get very tough….just a matter of time.
Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%.
Congratulations goldbugs.👍👍 good job.
Another welcomed return of Gary Wagner "Samurai General Prognosticator"
Cutting to the chase of all matters Macro/Micro Economic.
Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%.
Congratulations goldbugs.👍👍 good job.
Hi David what product do you use to get your charts?
Tradingview
Everybody needs to understand the economy is not slowing down because of interest rates, it's slowing down because prices are too high and people can't afford to pay with cash or credit
Credit is interest rates...
Thanks
powell will fold like a cheap suit, he should raise rates .50
He will but not 75
@@Applepie409he said raise
Too bad
He has no choice
@@davie2983 you always have a choice
keep it up homie!
I think it's awesome how you do not get political or pick sides. You just State the facts as they are. Please always stay unbiased and in the center. When I start being able to tell which side you're on is when I'll stop watching. Stay great ok!
Trump 4 prez
75 on the way!
Why cut when you can hike?
Interest rate normalization? Historically interest rates were near 5%.
Gary = Word Salad😊
Exactly,... He's one of those slow talking guys who uses a lot of unnecessary words wasting a lot of time. Very annoying.
On the other hand,...
Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%.
Congratulations goldbugs. good job.
Man I was getting super excited for a 50 bp cut... as I have a massive short position that I have been accumulating for over a year now. If we get a 75 bp cut... you might see me dancing naked in the streets.
That's not what we meant when we said we wanted to see the spread. 😳
🤢🤢 😂😂
Welcome back Steven Seagal
Chris Farley lives! 🙏🏻
The Fed will cut 50 basis points
I WAS RIGHT 🐉
The Fed is undoubtedly responsible for the present catch-up efforts, as they were first too slow to control inflation. The pandemic, supply-chain issues, are all contributing reasons to the impending inflationary perfect storm. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
@@purplebliss6875 A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.
@@Andreallln This is definitely considerable! think you could suggest any professional/advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
@@DeannaPeters-lz8we Her name is. Sharon Crump Cline. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@@Andreallln thanks for sharing, I did a quick web search and was able to find her, I wrote her a mail and I hope she responds soon
How about M2?
Good interview 👍
Well... maybe we should get stimulus checks too !
After all, there is no better time to buy more stawks than at all time highs. right ?
It's a Trap 😮
Hear, hear
Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%.
Congratulations goldbugs.👍👍 good job.
How pathetic that our entire economy is solely focused on one thing and one thing only, which is the Fed. We need a FED channel on cable, so that all anyone would ever talk about is what the FED will do next, what could the FED do next, what should the FED do next, what might the FED do next, what the FED possibly could do, why didn't the FED do it sooner, why the FED didn't do it later, what the FED had for breakfast, what the FED had for lunch, what the FED had for dinner, what was the last FED's bowel movement like,
Funny....but true....and ultimately Fed market manipulation is counter productive
You know how we fix this? Store your wealth in precious metals. If we collectively allocate 10%-20% of our networth to gold and silver, the fed would be powerless.
Free markets not allowed.
Abolish the Fed Politburo once and for all!
Anything over 25 risks reigniting inflation imo
Not if they can somehow keep energy cheap
There won't be cheap energy with the current administration. There is a deep hatred between the energy powers and this administration.
The Saudi's will kick them square in the....
Inflation doesn't occur when unemployment is rising.
I didn’t know Burl Ives was still alive. 🎵Silver and gold, silver and gold 🎵
Any interest rate reduction will make no difference at all to the economy. It means that the banking speculators are betting whether rate cut will be either .5% or .25%.
It is illegal for lawmakers to petition the fed
They want rate cuts so democrats can be elected. I, for one, knew the data was going to be just right for a cut because the election is in November. 😂
Yeah, but whole Fed is there to have blame goat. If it would not be there blame would be pointed to politicians in Washington. Whatever Fed does it will be wrong from some point of view.
Samurai lord is my favourite man!
Why would they cut interest rates?
It might be interesting to ask your guest what the effect would be on Gold if the BRICS issue a new currency backed by gold next month as stated in TASS.
The cut this week is going to be 25 bps. When I prove to be right David Lin should have me on his show so I can share my expertise.
I agree
Lol.
🤡
And if you're wrong will you sit in the dunking booth with a dunce hat on? LOL
Free market not allowed.
Inflation is still above target. Jerome needs to hike .25%
He should hold at the very least.
Markets and Gold at all time highs and we are going to cut rates is insane.
He's correct on Gold, at least$2700 by year end.
However, his Katana collection is the real gold.
Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%.
Congratulations goldbugs.👍👍 good job.
@@jcgoogle1808
While the S&P gains are in the massively overvalued Mag 7 companies while the other 493 are losing.
Look for the sp500 to go below 3000.
dang alfonso def called it last week
Guy was so wrong calling a market crash while it boomed. What did Alf say?
This guy looks like he mentored Stevan Segal
taught him everything he knows lel
🤣
Warren to Powell: 75! recession is imminent if you don't cut by 75
Powell to Warren: You know i cant be seen as political, 50 close enough?
Markets to Powell: 25!..no no 50!
Trump to Powell: 25...50...75.. could be 80..90.. I am hearing as high as 1 million basis point🤣😂
Kamala to Powell: I think we should consider the history in the moment of time ok and to be able to conceptualize it not only to the past but to the future of the importance of the concept of time as it relates to the history in the moment of time. 😂🤣🤣🤣🤣🤣🤣🤣🤣
@@burgsymalone8269
What will you do to lower the high costs families are suffering as a result of your policies,... kacklingkamala?
"I grew up in a neighborhood,.. with my sister and my mother,.. who worked hard. And there were construction workers and people were proud of their lawns",... he said nodding with compassion,.. "blah blah babble incoherently,...And let me be clear,.. we should turn the page."
Yes,.. thanks to you no one can afford to take care of their lawns,
Ok,..what do you think the Fed should do regarding rates?
"I grew up in a neighborhood,.. with my sister and my mother,.. who worked hard. And there were construction workers and people were proud of their lawns",... he said nodding with compassion,.. "blah blah babble incoherently,...And let me be clear,.. we should turn the page."
"Turn the page?""
So you're going to join Biden, start wearing a MAGA hat and vote for Trump?
Is that turning the page?
kackle kackle kackle
Is this the cut weve been waiting for??
The credit over extension is what may be causing this and the increase of supply chain reductions. If you notice JPMorgan lost 6% today, and Ally, Citibank with increases in auto and credit charge offs. I believe we can go as far as 75 basis points due to these issues
This is a good test. Look at the list of politicians who signed the letter and you know who's on corporate payroll.
The Fed is the Wizard of Oz
what a clown, FED should have no cut at all !!!!!!
Gary the best
Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%.
Congratulations goldbugs.👍👍 good job.
5% should be the norm
.is free money necessary
It's the fiscal abuse,.. not the Fed.
Q: how much will gold go to in the next 5-10 years?
A: how much money can the government print?
Gold is down on Tuesday in Asia by a few dollars. Manipulated to buy a bit cheaper and show a quick paper profit once it goes up Wednesday. Or down because there's no fifty basis point cut on the 18th. We'll see.
data dependent means raise rates. inflation is creeping up, and job market is not doing bad. for those who say job mkt is not bad but its possible to deteriorate quickly, they should be saying the same about inflation. rate cut is literally the tool use to raise inflation. and the defence is always "inflation is coming down"", "under control", etc. What under control? the inflation is still far from 2% mandate. comparing it to 7% last year is like saying you failed the exam last year as you achieved only 10/100 and now you achieved 30/100, so now its the right time for you to get a university degree.
these people should have NOT positions in the stock market. See what happens when you have a stake in the stock market vs the economy. crazy talk of 50, now even crazier talk of 75 to prop up the stock market. If policymakers are neutral, they are in a better position to make a decision for the ECONOMY and the people, not for stock market and themselves
Gary rules
He's one of those slow talking guys who uses a lot of unnecessary words wasting a lot of time. Very annoying.
On the other hand,...
Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%.
Congratulations goldbugs. good job.
I think the Fed should cut 3%, let consumer spend 🙏
He explained one liner from the chart for straight 2 min😂... Everyone saw and understood what 67% probability means for 50 bos rate cut
Yep,.. He's one of those slow talking guys who uses a lot of unnecessary words wasting a lot of time. Very annoying.
On the other hand,...
Finally after 12 years, while the S&P is up 400%,.... gold is up nominally about 50%. In real terms, about 10%.
Congratulations goldbugs. good job.
NO
Bitcoin and gold... that's it.... 😊
Just gold....the other is digital monopoly money
Bitcoin is a ponzischeme.
You've been duped by a kid,.. what's his name Jack,..in a hoody or baseball cap that bitcoin is something more than a fiat with even less backing than the dollar.
Gee Wally, if you think the dollar is bad,... why would you think bitcoin, with absolutely nothing backing it, is better?
75bp will put market into panic. They should not exceed a 25bp cut , 75bp by december is okay
I called 0.5 since the last meeting, it's not impossible we see 0.75 but I think we will see three deep cuts totaling 2% by year end. Probably 0.5, 0.75, 0.75
They need to get back to zero ASAP
Unfortunately, the data has been corrupted. Look at Shadow stats!
they should cut 100 bps to shake things up bigly.
50bps is the new 25 & 75 is the new 50
🙏
Biggest short on gold ever right now.
Hold ,hold, hold the line ,inflation to high.
Go to local county clerk and see in seconds no one is transferring titles for anything . Allmost zero people with no line . Tells me this country on verge of collapse .
Is this not bizarre to anyone else? The fed just follows the 2-year yield. Rates move without the fed doing anything. Mortgages have come way down from their peaks, despite the fed Funds rate staying steady. Fed Funds rate seems to be all for show. Not sure why there's so much focus on how much they'll be cutting.
What happened to Gary’s soft landing?
Recession in necessary to fix rising unemploymentrate and stagnating decline of inflation. There will be lots of pain to achieve this. But after this, the FED will make the same mistake again, putting the moneyprinter back on.
New gold NGD Trading at 87.8% below our estimate of its fair value
Earnings are forecast to grow 61.73% per year
Kicking the can again huh?
if Gold gets cut in half so will real estate.
Katanas are back, baby!!!!
3100 by year end
I'd rather see a 100bp hike.
I WAS RIGHT 💯 PERCENT 🐉
The Fed funds rate follows the 2y and it is now at 3.5% so once again the Fed is late to the game. Don't believe me, just go look at a chart of the 2y and the Fed fund rate.
Wave 5 to 2700 and down? Sounds like underestimation.
In anticipation of a potential U.S. interest rate cut, China has utilized over $100 billion in foreign exchange (FX) swaps to short the U.S. dollar. This strategy is part of China's effort to stabilize the yuan while avoiding the depletion of its foreign reserves. Through these swaps, Chinese state-run banks take short positions against the dollar, aiming to counteract selling pressure on the yuan.
fomo meeting
The fed is always looking in the rear view mirror
the Fed follows the 2 year yield on a lag. it's nonsense. We should just get rid of the FED and let the markets sort it all out.
Inflation will go ballistic
Drag Flation like G.C. said...
They can’t stop what is coming they set the fire and they have no water to put it out
Timiraos said : big cut