Craig Hemke: Fed to Cut, Gold to Go Up
Financial Survival Network, Released on 5/2/23
Summary: Kerry Lutz and Craig Hemke discuss the effects of central bank digital currency, the importance of real interest rates in driving gold prices, and the lack of interest in mining shares over the past decade. They explain that negative real interest rates are beneficial for gold, and that the Fed is likely to cut rates, which will cause gold prices to break out. They also discuss how the Fed's rate cuts may not lead to lower mortgage rates, and how the mining sector has been underperforming for the past 12 years.
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.
Craig Hemke: Fed to Cut, Gold to Go Up added by Herman James on 05/01/2023View all posts by Herman James ?+'