Wipeout Wednesdays with Andrew Hoffman:
As Andy has been predicting for months, Fed Chairwoman Janet Yellen has started doing the inevitable, walking back on future rate hikes. Right now she’s talking about slowing the rate hikes down, but as Andy has said many times before, she will soon have little choice but to start cutting rates and begin yet another round of Quantitative Easing. She’s running out of choices and she has limited alternatives. What will be the effect on gold and precious metals and will The Powers That Be lose control of the markets?
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