Re The Federal Reserve and Interest Rates
The Fed Res NWO of 1913 is finished. I declared that on 9/11/01, everything slowly going into reverse, and it was confirmed on the 2008 financial crisis, and confirmed again with the first Trump election.
Back in the 1970s when cars were $2500 and houses were $40,000 they got away with raising the prime rate to 21% to kill the so called “inflation” after they removed the Gold backing on the US Fed Res Note.
Not this time, high rates not possible with $50,000 cars and $800,000 houses. As for today’s PMs I believe the anticipated coming higher rates are already built in ahead of time. So lets not be surprised if we start going back up tomorrow after the Fed talks.
Good call re tomorrow. Expect some wild swings but with both metals sitting near their 50 day mvg. avgs and being down in anticipation of a hike, they are unlikely to end down by a lot. Maybe for a day but by Friday probably not a big change from here.
TRADESMAN…NOTHING MUCH HAS CHANGED …JUST ADD A ZERO TO THE COST OF CARS AND HOMES BACK THEN AND ADD A ZERO TO HOURLY WAGE AVERAGE…WHAT’S A ZERO ….NOTHING THATS WHAT
Yup, tomorrow we start the new uptrend.
But thankful for calls on UCO!!