The fed has finally cut interest rates and more rate cuts are coming by year end gold and silver is where to be. The precious metals are soaring in value as gold continues to make new six year highs!  The bull market in precious metals is finally here. In this episode I mention a credit card where you can claim a free $150 after signing up for the card. That referral link is right here: https://capital.one/2Wt2Q2j  

The fed has finally cut interest rates and more rate cuts are coming by year end gold and silver is where to be. The precious metals are soaring in value as gold continues to make new six year highs!  The bull market in precious metals is finally here. In this episode I mention a credit card where you can claim a free $150 after signing up for the card. That referral link is right here: https://capital.one/2Wt2Q2j  

Trump has been criticizing the FED and in particularly the Fed Chairman, Jerome Powell for tightening too much and making our dollar too strong.  Trump sees this as harming the economy and is the only reason why our economy may have problems. Trump’s logic is crucially invalid and I demonstrate on the show today where his thinking goes astray. I also discuss why an economy really does boom and bust!

On January 25th, the longest government shutdown ever at 34 days came to a temporary halt.  The government has been funded through February 15th where we might just see yet, another government shutdown. The Federal government has way too much power (obviously) and we need to privatize the lousy TSA, FDA, air traffic controllers and many more federal workers! We need to reverse this trend of centralizing power and D.C. and give it back to the people. Only then will we see prosperity like none of us has seen in our lifetimes.

This was no surprise to listeners of this show but the Fed did raise rates for the 4th time in 2018 and this was the 9th rate hike in this tightening cycle.  Back in June, Fed chairman Powell, was very giddy about the economy and confident about the growth but now he doesn’t seem so sure. 2019 will be a very different Fed where they may actually cut interest rates and not raise them. And gold has been very strong these last few weeks nearing $1,300 an ounce, which are 5 month highs.  Goldman Sachs sees gold performing very strongly in 2019 with a year end price of $1,425 an ounce.