Get Ready! Interest Rates Are About To Explode
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- Опубліковано 1 жов 2024
- The Fed is sticking with it's forecast that there will be three interest rate cuts in 2024, despite higher than expected inflation and a revised forecast for GDP and unemployment.
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Good thing ive invested in Gold. Up 25% !
👏
Is the economy getting better or are the numbers just manipulated? This video leads me to believe the masses are beginning to wake up. I’ve said for a while now, we are more likely to see double digit mortgage rates before we see 4% again. The bond market is on shaky ground and could lead to higher fixed rates and the central banks won’t have to look like the bad guys.
Anything is possible
Historically FED never lower interest rate without recession.
If they do that now, it gonna be a first.
Interesting times we live in.
I’ve known I heard something like this. They say may go past %17 + when trying to buy house in California. Soon so I hear 👂
I hope not, but it’s possible
Still think this, with the current talk of the Fed cutting interest rates?
6.1% unemployment rate for March...
Nolan, something wicked this way comes. Got Spam?
Edit: Holy Toledo! Gold is $3k Cdn an ounce???
🤣
Should have kelp your gold and sold all your real estate!
That literally makes no sense based on the current economic conditions.
And to say that I was eager to switch from a fixed to a variable-rate mortgage. Thanks Nolan! 👍
I just can't see them reducing the rate yet. Feels like everyone is waiting for a drop to spend, spend, spend! Which might just drive inflation back up again... We are owner of a small contracting business. We've seen the frequency of renovations has drop in the last 6 months and new buildings are on hold. I predict a boom once rates drop.
I agree
Should I start buying silver now?
I wouldn’t. But do you.
Buy some cans of tuna.
Rug pull
I see Canadian realtors continue to put out content stating interest rates are going down this year causing the market to go crazy.
Of course they are 🤣
All frauds
If you think its going up...im going to lean to it going down.
Cool
Is this for the US market!?
It’s the world market. If the fed hold rates, with the reckless spending of the Canadian government, there can be no cuts in Canada or the dollar will collapse even more, which drives more inflation.
I see.. thanks! 😊
Yes. For the us market
You're over analyzing with fake news and polished propaganda. US is bankrupt from printing all the fake paper money. US Treasury Bonds are a ponzi scheme and China wants out! The US dollar is too high compared to it's trading partners so exports are really expensive. Consequently imports are cheap for US citizens, meanwhile jobs are stable therefore US citizens are spending more. But GDP is not growing higher than the huge national debt crisis. US govt needs to control conspicuous spending. Meanwhile China is stockpiling on the precious metals and trying to isolate away from the US.
'By establishing commodities exchanges across its industrial cities, China aims to boost the use and power of the renminbi in global commodities pricing to establish an alternative global financial system that is less reliant on the almighty dollar. This effort also involves regional cooperation with China’s neighbors and non-Western multilateral partnerships to develop regional currency and enhance the use of local currencies in international trade and investment'.
This will probably lead to war as US tries to hold onto it's economic power and influence. China buying up all the precious and industrial metals seems to be creating their own monetary system backed by a gold standard which will make them much more stable than the US economy which will eventually collapse. I predict that the future US inflation will be so bad it may render the dollar as worthless as Zimbawe's currency. You'd wish you held onto your silver nuggets😢