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Silver's HUGE UPSIDE on the Fed's Failures!
Silver's huge upside on the Fed's Failures! In this episode of Silver Pros, we talk about the Federal Reserve's failures to bring the inflation rate back down to their 2% target, how the Fed continues to back US government deficit spending, and the amazingly huge upside for the spot price of silver! James Anderson is the former managing director of GoldSilver.com and currently in charge of the content marketing for SD Bullion. The Federal Reserve raised their federal funds rate by 25 basis points last week, but the question is, will they ever reach their 2% target? Also, is this the last Federal Reserve rate hike this year? What will the impact of a recession be on physical silver--a recession that Jerome Powell said will NOT happen now?! Can we make it to 2024 before the Fed eases? And with almost $33T in US national debt, HOW can we have such high rates without breaking something? In this video we also discuss whether the focus return to a troubled Banking sector and the enormous unrealized losses that many like Bank of America, Chase Bank, and Wells Fargo are experiencing. Finally, we ask James about the waning retail demand for silver this summer and what he thinks the spot price of silver will be at the end of the year. Don't miss this special Silver Pros episode, and if you aren't already a gold and silver stacker, you need to become one NOW and buy silver rounds, silver bars, silver coins, and gold coins before it's too late!
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Music By: "Three Little Drummers from the George Washington Show" and "Bugle Feature: Pezel Twist from Warlike Musick" by The United States Army Old Guard: https://freemusicarchive.org
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