“There is a huge, huge problem that he knows about that he’s not admitting to,” says George Gammon, a macroeconomics expert and host of the Rebel Capitalist Show, in an interview with Daniela Cambone. He explains that the Fed chairman Jerome Powell pushed back on market expectations for aggressive interest rate cuts because he is either alarmed by a much weaker economy or deeply concerned by a weakening dollar. “Whether that problem… is the dollar being over 100 or the U.S. economy is tanking right now, I don’t know.” He continues that the bond market indicates that the U.S. economy is headed into a hard landing and history indicates that a recession is inevitable. “Every single recession that we have had since 1950 has been preceded by an inversion of the curve,” he states. To navigate the financial uncertainty of 2024, watch the video to discover where Gammon invests 90% of his wealth.
📞PREPARE FOR 2024 WITH A FREE GOLD & SILVER CONSULTATION
Have questions about something in this video? Not sure your next steps? Schedule your free strategy call and learn how to survive 2024 and thrive with a custom-built strategy for you and your family. Schedule your strategy call now: or call 866-706-9061
📖 FREE DOWNLOAD: YOUR ULTIMATE DECISION-MAKING GUIDE ON GOLD AND SILVER
Discover proven strategies for acquiring precious metals with our free guide. Learn to navigate quality, pricing, and authenticity for optimal privacy and performance, and see how experts can help craft a plan suited to your objectives. Download now:
📰 JOIN DANIELA CAMBONE’S NEWSLETTER:
📖 CHAPTERS:
00:00 Introduction and Discussion of Jerome Powell’s Pivot
06:00 Jerome Powell’s Motivations and Concerns
12:10 The Weakening US Dollar and Potential Implications
22:40 M2 Money Supply and its Significance
26:25 The Fragility of the Banking Sector
29:18 Potential Banking Crisis in 2024
31:25 Other Risks: Geopolitical Tensions and China’s Economy
35:10 Preparing for the Future: T-Bills and Gold
38:07 Conclusion and Holiday Wishes
👋 STAY IN TOUCH WITH ITM & DANIELA
🟩 Schedule a Strategy Session: 866-706-9061
🟩 Email us at services@itmtrading.com
🟩 Official Homepage
🟩 Listen On The Go:
🟩 ITM’s Twitter:
🟩Daniela’s Twitter:
🟩Daniela’s Newsletter:
🌎 ABOUT ITM TRADING:
For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.
ITM Trading Inc. © Copyright, 1995 – 2023 All Rights Reserved.
#economy #2024 #banks #gold #cambone #gammon
source