Craig tells Silver Doctors the Fed will be cutting rates as early as this fall. Also, could silver make a 150% move higher? Here’s Craig to explain…
The government is reopen after the latest shutdown made history as the longest ever. But if Trump and the Democrats can’t come together on immigration, the government could return to a shutdown mid-February.
Trump’s election boosted the economic outlook for many Americans, but now grid-lock will impact consumer confidence, Hemke says. “Nothing’s going to happen going forward,” he says. “All that consumer confidence, all that business confidence…is going to fade.” As early as fall, he expects the Fed to start cutting rates in response to a slowing economy.
2019 will look a lot like 2010, Hemke says, and expects a stock market crisis and major moves in precious metal markets. In less than a year from 2010-2011, silver moved 150% higher.
Hemke says it’s possible similar movements could happen.
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.