In this video I discuss the chaos in short-term funding markets this week that led the Federal Reserve to step in with a series of overnight rescue operations to help keep credit flowing through the financial system. It's not good, people! This type of rescue screams "quantitative easing" all over again and hasn't been done since the 2008 and the great recession. Hundreds of BILLIONS of dollars are being created out of thin air to satisfy a credit crunch and it shows NO SIGNS OF STOPPING.
In short, there is TOO MUCH DEBT and RATES ARE TOO LOW. Market forces are pressuring rates higher, yet the FED is desperate to keep them low. Something's got to budge. Either interest rates much rise or the dollar is in serious jeopardy. This week could mark the beginning of the recession, folks. We know it's coming. And you need to prepare by stacking gold and silver.
Thank you so much for watching Yankee Stacking. If you're new to stacking silver and gold or looking to get into stacking silver and gold this channel is for you. The national debt is set to explode by TRILLIONS and the stock market bubble is about to pop. When it does, silver bullion, gold bullion, constitutional or junk silver, and other precious metals are where you will want your wealth.
The next economic downturn will be like nothing we've ever experienced in our lifetimes. NOW IS THE TIME TO STACK SILVER AND GOLD!
DISCLAIMER: I am not a financial advisor, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
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Just one New Englander stacking it “The Yankee Way”!
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