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Don’t Believe the Fed: With Recession on the Horizon, Central Bank Will Be Forced to Lower Rates

Don’t Believe the Fed: With Recession on the Horizon, Central Bank Will Be Forced to Lower Rates

FromThe Daniela Cambone Show


Don’t Believe the Fed: With Recession on the Horizon, Central Bank Will Be Forced to Lower Rates

FromThe Daniela Cambone Show

ratings:
Length:
10 minutes
Released:
Mar 2, 2023
Format:
Podcast episode

Description

"If you're in this business, from a mining standpoint, this is a good timing opportunity for silver miners to convert to gold," says Gold Stock Analyst editor John Doody, founder and editor of Gold Stock Analyst. "If you want to grow, it's hard to grow in silver and it's easier to grow in gold," he tells Daniela Cambone at GSA Investor Day 2023. "I think we're going to have a recession. An inverted yield curve has always led to a recession," Doody continues. "When you have a recession on the horizon, the Fed always lowers interest rates, and lower interest rates means higher gold [prices]," he says. "Inflation will come down all on its own because what you're comparing it to is relatively cheaper. The base rose," he concludes.
Released:
Mar 2, 2023
Format:
Podcast episode

Titles in the series (100)

There's a thirst for economic and investment know-how. It's not taught in the classrooms or discussed via mainstream media. The Daniela Cambone Show is proud to bring you the exclusive news, interviews, and insight you can't get anywhere else. Host Daniela Cambone sets out to interview the top minds in finance to help explain new investments, opportunities, and industries that otherwise might be a mystery. From cryptocurrency, gold, silver, interest rates, and central banks, to the inner workings of the global economy, Daniela's goal is to get you to a comfortable level of financial understanding to achieve freedom.