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BRACE FOR IMPACT – As the DOW Sets Record High After Record High, Market Expert David Morgan Warns A Market Crash Is Coming…

fed-dollar-cashFed Holds Rates at .5-.75%
Committee Notes Inflation Short of 2% Goal
“Committee expects that economic conditions will evolve in a manner that will warrant only gradual increases in the federal funds rate”
Gold & Silver React Upwards As Market Realizes March Hike Not Imminent

Full FOMC Statement is Below:

fed-federal-reserve“The Biggest Fed Decision EVER” Is In:

  • Fed Cries Wolf Once Again: No Change in Federal Funds Rate
  • the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent
  • 3 Dissenters voted to hike federal funds rate to 1/2 to 3/4 percent
  • The Committee judges that the case for an increase in the federal funds rate has strengthened (Translation: We’re hiking in December so we can blame the fall-out on Trump)
  • Gold and Silver react

Full FOMC Statement Is Below:

If there is no rate hike next week, GDX should challenge the $32 area highs, and lead bullion higher.
If there is a rate hike, GDX and most gold stocks will likely spike lower while bullion soars higher, in a scenario similar to what happened when Janet hiked in December of 2015.
The good news is that after a very brief decline when Janet hiked last year, gold stocks staged one of the biggest rallies in many years.
If she hikes next week, I expect history to rhyme!

fed

  • NO RATE HIKE – “Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent”
  • Gold and Silver Popping On the News
  • With No Rate Hike Fully Priced into the Market, Will the Cartel Drop the Hammer on Gold and Silver After Initial Reaction?

Full FOMC Statement is Below:

  • Janet Yellen begins her first FOMC Press Conference as Fed ChairwomanNo Hikes Today, But ECONOMIC SITUATION MAY WARRANT GRADUAL RATE HIKES
    Fed Expects Inflation to Remain Low
    Single Dissenting Fed Member Voted to Raise Rates
  •  Translation: We Aren’t Really Raising Rates…But We MUST Halt Gold & Silver Rallies!
  • yellenThe Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent
  • The stance of monetary policy remains accommodative
  • 1 member voted to raise rates to 1/2 – 3/4%
  • Gold and silver go vertical on the release

Full FOMC Statement Is Below:

  • Janet Yellen begins her first FOMC Press Conference as Fed ChairwomanGiven the economic outlook, the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent
  • Committee Expects Gradual Increase in Interest Rates
  • Gold and silver react

Full FOMC Statement is below:

Any significant interest hike causes the prices of all assets to drop.
Janet Yellen will want to avoid this catastrophe.
She won’t want to be remembered as the Fed Chair who caused a repeat of 2008.
She will find that it’s easier to take another hit of financial heroin. Interest rates will go down.