Greg Hunter Talks The Fed and Economy – A Calamity in the Making?

What I really like about Greg Hunter is he tells it like it is – and my takeaway from his latest rant is that you need to have some form of your assets in gold. Karatbars gold allows you to exchange your depreciating fiat paper currency for real gold and create a lucrative business for yourself when others do likewise. And you’re going to want to do that after hearing some of the points he’s making which all point to a possible calamity in the making. At least with gold, you’ll be protected if his take is on target (which I really believe it is).

The Federal Reserve just came out and said that it was going to be “patient” when normalizing the monetary policy. Wall Street is jubilant and the stock market spiked on the news, but if you do the analysis and number crunching, this is really ominous and it is nothing to be celebrated. Don’t expect the Fed to raise interest rates anytime soon because the economy is much worse than what they are telling you. Why else would Federal Reserve head Janet Yellen come out and say the Fed was going to keep the easy money policies for a “considerable time”?

On another note, falling oil prices may be a joy at the pump here in the USA, but for Russia, it is a nightmare. There is talk of China bailing out Russia. There are rumors of bank runs in Russia despite a new 17% interest rate. Russia’s currency, the ruble, has had its buying power cut in half in a matter of months. It is crystal clear the U.S. and Russia are at economic war, and Vladimir Putin gave a speech this week to essentially say the Russian Bear is not going to roll over.

It’s gold time, baby. And that means it’s Karatbars time as well.

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