Episode 3.
The Fed hints at "hawkish" rate hike in June of 2023 and the market goes full clown show as Gold tumbles for the day.
But what is the real story behind the announcement the Fed is going to raise rates to deal with inflation in 2 years ?
JP Morgan has half a trillion in cash and they are not buying treasuries. The world bank snubs El Salvador, and how does Bitcoin look for 2021 and beyond.
Join Tony and Kenzie for a no holds barred examination on the Gold and Crypto markets.
Articles: https://www.marketwatch.com/story/gold-tumbles-toward-1-800-an-ounce-after-fed-signals-higher-rates-and-ups-inflation-forecasts-11623926417
https://www.marketwatch.com/story/dimon-jpmorgan-is-sitting-on-about-500-million-in-cash-waiting-to-invest-in-higher-rates-11623700397
https://twitter.com/DiMartinoBooth/status/1405225910647861251
https://www.cnbc.com/2021/06/17/jeremy-siegel-who-called-fed-surprise-market-decline-on-whats-next-for-stocks.html
https://finance.yahoo.com/news/cryptocurrency-bitcoin-hovers-below-40000-world-bank-rejects-el-salvador-request-084507488.html
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Tony:
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