Fed Pauses As Credit Storms Loom on the Horizon.

it's the day after the FED uh decision to leave rates unchanged many people are saying that it was a a stop in the skip or whatever that uh the uh July meeting is now live that they could raise Rate rates again that's what Jay Powell said Jay pounds the guy who said that yes the debt is unsustainable but that's the treasury's business or the government's business

and that they wouldn't help to bail out the uh the treasury so what do I think is going on well if the FED knew what was going on they would pause and say that's it everything's fine but they are they're so unsure now of everything that uh they've had to pause and say that they could raise again and we heard uh recently uh former uh Dallas

fed president Robert Caplin who said the horses have bolted already and if credit conditions got worse uh yeah Anything Could Happen so there you go that that's what's going on I know precious metals as usual uh got hit but that's the way things are I would take it as an opportunity to keep stacking because we we know that Fiat currencies and there's only one one way

they can go and that's down to zero the the dollars already lost 99 of its value since 1953 so 70 years 70 years ago and it's going to continue to do so a short-term noise is just that short-term noise so yeah get out a little bit and smell the flowers like I'm trying to do uh this morning uh I didn't make a video this morning but

I did post a really interesting interview I I did with uh Chris thrall who's an ex Commando in the Royal Marines of the UK and uh don't worry he's a really interesting guy and if you haven't seen it yet I published it on my channel I recommend you do so there you go and uh later on today just to let you know I'm going to be