Gold Telegraph
@GoldTelegraph
Nice recovery so far today in hard assets. Here comes the Federal Reserve.
Legendary investor Stanley Druckenmiller is worried the Federal Reserve has declared victory on inflation too early. Oh, this is getting awkward.
With the recent shifts over the last 48 hours, it is worth highlighting that BRICS countries are discussing the creation of a new precious metals exchange to establish fairer pricing. A journalist should ask Jerome Powell about this today. Central banks globally are stockpiling.
The Federal Reserve has cut rates a quarter of a percentage point. Powell now says that the path ahead is highly uncertain. Here we go…
The Federal Reserve suddenly does not want to make forecasts. Are you kidding me? They have always pretended to be a bunch of geniuses. The times are changing…
Federal Reserve Chairman Jerome Powell says m that the president does not have the legal power to fire or demote him. Ok. These unelected technocrats contributed to driving 9% inflation and oversaw the repeated failure of numerous banks. Hubris is not transitory.
By the way, this was confirmed today. The people within the Federal Reserve feel very uneasy right now.
The echo chamber within the Federal Reserve must be feeling a bit uneasy right now.
— Gold Telegraph ⚡ (@GoldTelegraph_) November 6, 2024
Flashback to 2020: Federal Reserve Chair Jerome Powell
“Fair to say you flooded the system with money?”
“Yes we did.”
“Where does it come from? Do you just print it?”
“We print it.”
Flashback to 2020:
Federal Reserve Chair Jerome Powell“Fair to say you flooded the system with money?”
“Yes we did.”
“Where does it come from? Do you just print it?”
“We print it.”
— Gold Telegraph ⚡ (@GoldTelegraph_) November 8, 2024
