The Fed will not pivot until at least early 2023?
During this 40+ minute interview Jim Rickards talks about how the Fed will not pivot in his opinion until at least early 2023 and how a lot more rate hikes are coming in November and December 2022.
This will most likely cause a stronger US Dollar and more damage to emerging markets and other large financial entities, like pension funds, who will probably need large scale bailouts.
Jim talks about margin calls in the OTC derivatives market and past bailouts that the US government, US Treasury, Fed and ESF have orchestrated behind the scenes.
Jim expects central banks to continue to be large net buyers of gold as they no longer trust the US government and want to hedge against future US Dollar devaluations.
Over 200 articles (almost 250), audio podcasts & interviews with experts exclusive for Patrons with 82 new articles & audio podcasts out in the last 60 weeks! Plus, you are helping keep the free content free so it doesn’t all end up behind a paywall. One of the best deals in the research space for only $5 per month! Come and join the almost 900 Patrons chipping in each month over on Patreon behind the paywall! Go to Patreon dot com slash wallstformainst or http://www.patreon.com/wallstformainst