Profile image
By John Rolls (Reporter)
Contributor profile | More stories
Story Views
Now:
Last Hour:
Last 24 Hours:
Total:

Greg Hunter: Fed Will Crash Markets & Dollar, Gold Protects – John Williams Video

% of readers think this story is Fact. Add your two cents.

By Greg Hunter’s USAWatchdog.com 

Economist John Williams warns the Federal Reserve has painted itself into a very tight no win corner. No matter what the Fed does with rates it’s going to be a disaster. Williams explains, “You had some very heavy selling towards the end of the year and when you saw the big declines in the stock market you also saw that accompanied by a falling dollar and rising gold prices. That was foreign capital which was significant fleeing our markets. So if the Fed continues to raise interest rates, and they want to do and they still don’t have rates where they want them, it’s going to intensify the economic downturn. That’s going to hit the stock market. If they stop raising rates . . . and they have to go back to some sort of quantitative easing, that’s going to hit the dollar hard. Foreign investors are going to say the dollar is going to get weaker and let’s get out of the dollar. Then, you are going tom see heavy selling in the stock market. So either way they go, they created a conundrum for themselves because of the way they bailed out the banking system (in 2008-2009). At this point they don’t have an easy way out of this.”

Williams says the U.S. is already entering into a recession. Williams contends, “The first quarter, which is the quarter we are in right now, the first quarter of 2019 likely will be in contraction partially due to the government shutdown. That is slowing the economy on top of the interest rate hikes, but the cause of the recession here is not the government shutdown. It’s the Fed hiking rates . . . the fundamental driving factor that was putting us into recession even before the government shutdown was the rapid rise in interest rates.”

Williams says that in the first and second quarters of 2019 do not look good. Williams says, “I think we will have back to back contractions that will give you a formal recession. . . . Even if we did not have the government shutdown I think we would have back to back negative quarters in the first and second quarter.”

Williams also warns, “This is a very dangerous time both domestically and globally.” Maybe this is why gold and silver prices keep steadily climbing higher. Williams says, “As things get worse here there is going to be a flight from the dollar into other currencies and in particular into gold. Gold is the long term store of wealth here. . . . Where we are ultimately headed here the precious metals are a long term store of wealth. They preserve the purchasing power of your assets . . . if you have high inflation you will still have your purchasing power. With debt collapsing and currencies collapsing you are going to end up with inflation. Expanded debt is rapid money supply growth. It is debasement of the currency and debasement of the currency means inflation. . . . . It’s the type of thing that can be accelerated very rapidly if you have another crisis such as a big stock market crash. The economy is tanking and people start fleeing the dollar means you are going to be seeing rising inflation.   If you see a big hit on the dollar gasoline prices will go up.”

Join Greg Hunter as he goes One-on-One with economist John Williams founder of ShadowStats.com.

(To Donate to USAWatchdog.com Click Here)

After the Interview: 

There is free information on the newly revamped ShadowStats.com. You can also become a subscriber and get weekly detailed reports without the distortions of government data accounting gimmicks. Click here to subscribe to ShadowStats.com.

This segment is sponsored by Discount Gold and Silver Trading. Ask for Melody Cedarstrom, the owner at 1-800-375-4188.

Stay Connected

Related Posts:

https://usawatchdog.com/fed-will-crash-markets-dollar-gold-protects-john-williams/ 

Support BeforeitsNews by trying our natural health products! Join our affiliate program

APeX - Far superior to colloidal silver in destroying viruses, bacteria and other pathogens.
Ultimate Curcumin - Natural pain relief, reduce inflammation and so much more.
Supreme Fulvic - Nature's most important supplement! Vivid Dreams again!  See Testimonials
MitoCopper - First bioavailable copper destroys pathogens and gives you more energy.
Prodovite - The Secret To Healing is in the Blood! Complete absorption in 5 minutes.

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 2 comments
    • raburgeson

      This is the price of trying to run an empire that never existed. Running the country is beyond them let along an empire. If you think this is bad just think what an NWO would be like. I am speaking globally here. Pointing out that Pelosi thinks a huge increases in taxes will fix things when taxes are helping to keep you in slavery right now at the present rate.

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.