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GoldSilver (w/ Mike Maloney)
Premiered Jun 30, 2022
What does that mean for you and your money going forward?
Best-selling author, Mike Maloney of GoldSilver.com, is joined by Ronnie Stoeferle to discuss how this move could impact our already fragile economy. Ronnie has compiled the data of every single time the Fed raised interest rates, going back all the way to its creation in 1913…
And only 3 of those times did NOT result in a recession…
Meaning 17 of those 20 times DID result in a recession.
As many folks today are already struggling to buy groceries, fill their gas tanks, or purchase their first home, a recession is the last thing Americans need right now.
But that’s not the only troubling news out of the Fed. Mike and Ronnie discuss the Fed’s attempt to taper and tighten their balance sheet…
It’s another move that tends to be followed by disastrous consequences. During their conversation, Ronnie points out to Mike:
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“We crunched the numbers, and in its 109-year history, the Federal Reserve attempted to reduce its balance sheet exactly seven times. Six out of seven times was followed by a recession.” – Ronnie Stoeferle
Costs of everyday goods are going up… People are tightening their spending habits… And businesses are starting to cut back.
Any way you look at it, things look shaky for the markets going forward…
That’s why Mike believes it’s critically important for you to take steps to prepare yourself for this coming shift – like owning real assets like gold and silver – if you haven’t already.
If you want to get all the facts about what’s really going on with the Federal Reserve and our economy, this is a video you don’t want to miss.
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