While the Federal Reserve had its latest policy meeting this week and left rates unchanged once again (while still suggesting that there might be one more hike in 2023), they didn’t comment on some of the longer term dynamics that have left so many concerned about the future of the US financial system.
Although in today’s show, Dave Kranzler does indeed discuss some of these trends, which include a US debt-load that’s now starting to go parabolic. He talks about the impact this will eventually have on the gold and silver markets, and why despite this year’s pricing, the long-term outcome remains the same.
Dave also looks at the recent COT report, which shows the hedge funds getting more short in silver, while the banks are reducing their short position. A phenomenon that has traditionally been rather accurate in predicting the future path of gold and silver prices.
So to find out more about the developments in the precious metals world and what to expect next in the market, click to watch this video now!
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