David Fischer, CEO of Landmark Capital joins, Radio Night Live with Kevin McCullough to discuss our market, economy, and what has been affecting both. The FED has been unwinding their balance sheet from the assets that they created back in the financial crisis in 2008. This will be the main reason that we go into a recession and the reason that they are selling a massive amount of U.S. Treasuries. Bitcoin has fallen and has become monitored by the government now, and is considered a falling currency.
The FED will be unwinding their balance sheet and this a very crucial time for finances.
Show Notes –
– Gold and equities this year are flat and are even right now.
– The dollar has been doing very well this year due to oil prices and uncertainty.
– Many countries that have never bought gold are doing so now, preparing for future calamities.
– Many well-respected billionaires are coming out and announcing to prepare for the future recession.