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Episode #147 - David Hay and the Rising Risk of Recession

Gold Goats 'n Guns Podcast

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Why Powell Is Raising Interest Rates?

The euro bottomed in October and they refilled with a rising euro against the falling oil price. The Europeans are paying 35% less on a current currency adjusted basis for energy today than they did last fall. And I can't see the fed going back to QA under that scenario. What I see is a complete credit collapse. But he's not going to have an option, but to, but to raise interest rates again.

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