Fed’s Biggest Rate Cut in Years; Here’s Why it Will Wreck the Economy

"There's a possibility that we may need a currency alternative to the dollar, because the central banking system is trying to make it collapse," says Todd Bubba Horwitz, founder and CEO of Bubba Trading. In an interview with Daniela Cambone, he criticizes the Fed for its irresponsible actions of printing money to stimulate the economy. "If you recognize the definition of a Ponzi scheme, you create new money to satisfy old debt, which is what we've done." He also comments that people are spending more than they make, making the case for the precarious situation with consumer debt hitting record highs. Horwitz maintains his bullish outlook on gold and silver, predicting the precious metals to go higher this year.

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📞 ACT NOW, BEFORE IT'S TOO LATE: Todd Bubba Horwitz stresses that the economic system is on shaky ground, and gold is your best defense. As the global debt bubble looms, protect your future by investing in physical gold and silver. Learn how today: https://calendly.com/itmtrading/500?utm_content=DC09182024 or call 866-706-9061

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📖 CHAPTERS:
00:00 Fed’s rate cuts
5:24 Gold
8:52 Central bank system
9:18 Russia’s purchasing on gold
10:29 Tariffs
11:55 Silver
13:52 Harris fracking ban
16:21 US consumer spending/savings
19:01 Money paying for debt
21:03 Trump’s second assassination attempt
22:44 Concluding words

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Disclaimer: The views, opinions, and financial recommendations expressed in this video are solely those of the guest and do not necessarily reflect the views of ITM Trading. ITM Trading is not responsible for any financial decisions made based on the content provided in this video.

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