Yeah, Econ 101 States, A Flattening Yield Curve Is A Precursor To A Recession:Craig Hemke
Craig Hemke is the creator and owner of TF Metals (tfmetals.com). In this interview with Craig the conversation begins with the discussion of the silver flash crash, Craig gives his take on what actually happened. The conversation continues with how gold and silver are manipulated. Craig doesn't believe the banks are manipulating the precious metals market, through his research he believes computer algos have now taken over and they are used to keep gold and silver suppressed.
Craig talks about how the economy has not improved and that the Fed is doing the same thing that it has always done in the past, raise the short term rate and hope it would effect the long term rate. This did not happen in 2005-2007 and it is not happening now, instead we are seeing a flattened of the yield curve. When we see this happen the economy is either in a recession or headed for a recession.
I think the metals are about to explode upwards before the end of the year!
I love Craig. Great insight. You'll know we're in for a crash when the Goldman guy (Cohn) replaces Mother Felon at the Fed. Then we'll have Mnuchin at Treasury and Cohn at the Fed, and the Club can protect their interests as they take the market down. Just like 2008 with Paulson crying for a bailout of AIG (in particular) to protect Goldman's short positions - we'll see how it goes over this time.
I personally think that the crash is coming soon how about you?
We are already in the middle of the collapse. Who cares what happens to Wall Street (it could go to $125K) if a Big Mac costs $99.99? Just remember a collapse is a process, not an event. Webbot is talking SHTF between Aug 15th thru November.
October.
crash is here, the face just hasn't hit the floor yet
Thank You Dave, great report Craig is a very smart man.
we are so truly unwell
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Respectfully x22 (Dave) is a channel that guesses crash dates and if I took advice from 90% of guests I'd of lost $$$. Holding metals is Key but many guests say the have everything in gold. That's horrible advice. 10% for insurance yea that's Key. The fear monger stuff is just lame esp when guests keep promising this is the year it all ends 100% !!!!