Gold Flows East As Fed's Powell Looks Away From ¨Unsustainable Debt¨

May 30, 2024

While China and the global central banks continue to accumulate gold, the US and the western countries have continued to accumulate more debt.

And as Sean from The SGT Report points out in today's show, while the Fed's Jerome Powell now even acknowledges the dangers the situation poses to the American economy and financial system, he's not about to do anything about it.

So Sean talks about the recent precious metals rally, how it's a reflection of a growing agreement with Powell's forecast of the future, and how this year's election might impact the financial markets.

He also shares an update from the latest on the World Economic Forum, so to get some insight on what's happening behind the scenes, click to watch the video now!

Arcadia Economics

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