Gold is Money Good, Brace for Deep Recession – Ed Dowd
By Greg Hunter’s USAWatchdog.com
Former Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com has been forecasting “Danger of Deep Worldwide Recession in 2025.” It looks like his thesis is turning out correct. He predicted interest rates would be declining. They did. And inflation has been going down right along with the economy as i*****l immigration was being stopped and deportations ramped up. Dowd says, “Our friend J*******n spent anywhere between $500 billion to $2 trillion to bring these people in and set them up. Now, that’s all going the wrong way. Trump has shut down the border crossings, and as deportations heat up, that will only add to the problem. There will be a lot of supply, and prices have already started coming down in certain regions, and that is going to accelerate. Inflation is going to be coming down. Chairman Powell is d**d-a*s wrong. Tariffs are actually deflationary, and he’s holding rates higher for longer. That is going to end up being a big policy error. We think interest rates have peaked for the year. . .. We think the Fed will be forced to cut rates when the hard data comes in the wrong way.”
What is Dowd looking at most? Dowd says, “If we did have an oil shock, our thesis of a deep world-wide recession would trigger even faster. During the last twelve days of this Iran/Israel war, I said to my followers, I am watching one thing and one thing only, and that is the price of oil. The price of oil did go up . . . I said if oil breaks out above $80 per barrel, then we’ve got problems. Oil has collapsed, and the oil markets are telling you the Iranians are not going to close the Strait of Hormuz. So, for now, the economies of the world are not going to be experiencing an oil price shock.”
That does not mean we are set for clear sailing throughout 2025. Dowd is forecasting that commercial and residential real estate will be a huge drag on the economy as prices fall and fall hard. Dowd says, “We think shelter is going to trend lower, and there is going to be a deflationary scare coming.”
Dowd thinks the Fed will panic and have emergency rate cuts this fall. The stock market will take some big hits. Dowd says, “I think they freak out in the fall in October or November. . .. I will point out airlines have taken out previous lows, homebuilders are weak, the DOW Jones transports are not close to all-time highs. The real economy is rolling over. Typically, when bubbles like this end, everyone is on the wrong side of the trade, and it’s going to happen quick. . .. Warren Buffett is telling you everything you need to know about this market.” Buffett has reportedly $350 billion in cash on the sidelines.
Dowd favors gold because the big banks like gold. Dowd says, “Gold counts as a quasi-asset because it is a Tier 1 asset. That means they can create loans against that as an asset whereas before you couldn’t. It was not Tier 1. This is going to be misunderstood by a lot of people, and gold is now a big deal again. . .. If I am a long-term investor, I am going to do what the banks are doing. They have made gold money again. So, gold is money good . . . I am going to go with what the banks are buying.”
There is much more in the 46-minute interview.
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with money manager and investment expert Ed Dowd, as he talks about gold, the US dollar and the report called “Danger of Deep Worldwide Recession in 2025.” Dowd has new reports and analysis on the big problems coming for real estate for 6.24.25.
Advertisement
______________________________________________________
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
