Craig Hemke at Sprott Money: Ahead of Wednesday's FOMC


9:45p ET Tuesday, September 25, 2018

Dear Friend of GATA and Gold:

On Wednesday, the TF Metals Report's Craig Hemke writes today at Sprott Money, the Federal Reserve chairman is likely to present a lovely evaluation of the U.S. economy. Don't believe it, Hemke says.

Hemke writes: "By the second quarter of 2019, the Fed could be talking about rate cuts. A contracting U.S. economy will lead to falling tax receipts, thus requiring additional fiat creation and even talks of a resumption of quantitative easing.' Under this scenario, do you think that the prices of Comex gold and silver will remain at present levels?"

Hemke's commentary is headlined "Ahead of Wednesday's FOMC" and it's posted at Sprott Money here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


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