Kitco News, Released on 5/24/23
Gareth Soloway, Chief Market Strategist at InTheMoneyStocks.com and President of VerifiedInvestingEducation.com, tells Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, that he is expecting the Federal Reserve to pause for longer than markets expect. This tightness, he claims, will lead to a stagflation. Soloway explains the implication of his thesis for Bitcoin, U.S. stocks, gold, silver and regional banks. He also discusses why he is certain that CBDCs will be rolled out via a Fed 'backdoor.' Soloway and Makori spoke at the Bitcoin 2023 conference in Miami.
0:00 - Federal Reserve3:56 - Stagflation5:05 - Regional banks7:37 - Debt ceiling9:54 - Bitcoin14:13 - Silver14:56 - Stocks and Bitcoin16:33 - Bitcoin 202318:05 - CBDCs21:09 - Crypto22:21 - Ordinals22:40 - Bitcoin ETF24:43 - Macro data
Gareth Soloway is a professional trader with over 20 years of experience and the President, CEO, & Chief Market Strategist for InTheMoneyStocks.
bitcoin, Gareth Soloway, investing, stocks
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