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🆕 Egon von Greyerz interview: FED panic⁉️ & gold super bull market💥 #gold #silver #crash
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In the USA, key interest rates are being lowered by 0.5 percentage points because the economy is doing well and should stay that way. Rather, it seems that the dollar is being sacrificed in order to buy time in the face of rapidly deteriorating economic and consumer figures. The last time such a sharp reduction took place, in September 2007, it was followed by a sharp downturn. Gold is reaching one record high after another, but is still flying under the radar as equities are still being held up. The price drivers remain the central banks, which are increasingly detaching themselves from the dollar. Gold reflects the mismanagement of politics and is therefore the ultimate asset protection for self-thinking people. Even small holdings will make a difference in the financial tsunami.
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0:00 Intro
1:15 Powell lowers interest rates because the US economy is doing well?
2:15 The dollar will be sacrificed with lower interest rates, i.e. inflation will rise
2:55 Mortgage payments almost double, interest expenses explode, loan defaults rise
5:00 The economy is in recession, stocks are only held up by liquidity
6:05 The stock market high keeps the gold bull market under the radar screen
7:30 Interest rates were also cut by 0.5% in September 2007, followed by a crash
9:30 Gold remains the best way to avoid the dollar, especially for central banks
10:40 Big players dominate the gold market while the average consumer looks on
11:55 Gold is completely neglected in the West, exposing mismanagement of the economy
13:11 Gold supply is limited, so more gold will only be available at high prices
14:30 400 ounces once sold for 14,000 dollars, now over a million!
15:20 You should be in the precious metals market now and not wait for big corrections
16:30 A disorderly panic reset is likely, with asset values collapsing
17:20 Even small savings in precious metals will make a big difference
Sources and further information
FED/economy
Stocks
Gold
This is not investment advice.
#egonvongreyerz #gold #stocks #crash
🆕Visit us at Forum ONE! 🔜
🔔 Please subscribe and hit the bell button!
0:00 Intro
1:15 Powell lowers interest rates because the US economy is doing well?
2:15 The dollar will be sacrificed with lower interest rates, i.e. inflation will rise
2:55 Mortgage payments almost double, interest expenses explode, loan defaults rise
5:00 The economy is in recession, stocks are only held up by liquidity
6:05 The stock market high keeps the gold bull market under the radar screen
7:30 Interest rates were also cut by 0.5% in September 2007, followed by a crash
9:30 Gold remains the best way to avoid the dollar, especially for central banks
10:40 Big players dominate the gold market while the average consumer looks on
11:55 Gold is completely neglected in the West, exposing mismanagement of the economy
13:11 Gold supply is limited, so more gold will only be available at high prices
14:30 400 ounces once sold for 14,000 dollars, now over a million!
15:20 You should be in the precious metals market now and not wait for big corrections
16:30 A disorderly panic reset is likely, with asset values collapsing
17:20 Even small savings in precious metals will make a big difference
Sources and further information
FED/economy
Stocks
Gold
This is not investment advice.
#egonvongreyerz #gold #stocks #crash
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