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Palisades Gold Radio: Rate Hikes will Kill Wall Street (w/ Stephen Flood)

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Palisades Gold RadioFeb 26, 2022 Tom welcomes Stephen Flood CEO of GoldCore. There are many concerns with the Fed’s mandates and he believes inflation is serious issue. Higher interest rates can reduce inflation but in doing so they will kill the economy. The leverage in the system is extraordinary. Should they increase rates it will kill Wall Street. The Fed remains in a difficult place but they will attempt to ‘sweet talk’ the markets not unlike a therapist. When people begin to realize the future is uncertain and begin tightening their belts that’s when gold prices shift en masse. After…

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