Will The FED Deliberately Crash the Economy to Defeat Donald Trump?
by Sprott Money
ZeroHedge.com
Dec 15, 2016
Gold and silver have been beaten and battered with the recent FED hike rate announcement, even though it is only a pathetic 0.25% – scarcely anything that will stop the avalanche of fiat money and inflation that is plaguing the world over.
What is causing even more of a correction in precious metals is the news from Janet Yellen and her peers in the FED that states there will be three more hikes upcoming in 2017!
This is a complete reversal of the FED’s past policies under President Obama, in which they have done everything possible to keep this bogus “recovery” afloat, if you can even call it that.
This announcement has led many in the precious metals space to scoff and wave their hands in dismissal, and really, can you blame them for doing so?
The FED has been the laughingstock of the precious metals community since the 2008 crisis began and they plummeted rates to these historically low levels. The reason for this is because of the incredible amount of MOPE and jaw-boning that they have been engaged in over this time period.
For years, the FED has weaved a net of confusion over the markets, acting bearish and then dovish in the same sentences. This, as I have highlighted many times in the past, has been purely to confuse the public and keep them in a constant state of unknowing.
Yet, perhaps this time is different? One thing that has changed is the fact that President-Elect Donald Trump will soon be taking office, despite the wishes of the financial overlords and elites.
This of course includes the FED and as I predicted all last year, the FED would not do anything with interest rates until the election results were concluded, not wanting to hurt the chances of Hillary Clinton winning, and not wanting to crash the economy on Obama’s final stretch in office.
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