James Anderson discusses key economic developments, including a Reuters report on a poll of 123 economists indicating a delayed Federal Reserve interest rate cut until June 2024. The majority of economists expect four rate cuts totaling -1% for the year.
The episode delves into historical reflections, concerns about the U.S. debt surpassing $100 trillion, and the potential impact on gold markets due to delayed rate cuts.
It also features insights from David McAlvany on gold, silver, and a rumored China stimulus. Additional topics include China's central bank actions, challenges in Western banks, and the resilience of silver and gold markets amid global economic dynamics. The episode concludes with a reflection on ongoing price weaknesses and the importance of strategic positioning in the face of evolving economic trends.
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