Thursday , March 28 2024
Home / Video / If this happens, watch the dollar and gold.

If this happens, watch the dollar and gold.

Summary:
It's been floated that the Fed could step in to buy "defaulted" US Treasuries if it came to that under a debt ceiling showdown. If so, gold would soar and the dollar would go down hard. Sign up for my email list. [email protected]

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It's been floated that the Fed could step in to buy "defaulted" US Treasuries if it came to that under a debt ceiling showdown. If so, gold would soar and the dollar would go down hard.



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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

41 comments

  1. Great video with great insights, Mike!

    • 𝗪𝗛𝗔''𝗧𝗦𝗔𝗣𝗣 𝗠𝗘 +𝟭(𝟰𝟳𝟬)-𝟳𝟯𝟬-𝟭𝟭𝟴𝟳

      👆🔝🔝🔝

    • 𝗪𝗛𝗔''𝗧𝗦𝗔𝗣𝗣 𝗠𝗘 +𝟭(𝟰𝟳𝟬)-𝟳𝟯𝟬-𝟭𝟭𝟴𝟳

      ^^^Hit me up on VIP  whatsapp
      Let's talk,  have more to introduce
      Thanks for watching….🤝🤝

  2. Mike I have been on the phone continuously talking to every one of these dummies in Congress. Democrat and Republican trying to explain the stuff to them. These people can't possibly believe this debt-ceiling nonsense. It was John yarmuth Mike he understands mmt

    • @Gordon Gekko an easy solution to a much more complex problem. The plague of neoliberalism has totally taken over the power structure of our country Washington d.c.There is no easy fast short-term cure for neoliberalism.

    • @Danny Windham Yes and I also realise that Trump is responsible for Operation Warp Speed and now many celebrities
      are "suddenly dying" or athletes collapse here and there. No joke.

    • @Gordon Gekko WTF are you talkin about

    • 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽+①⑤①⑧⑥⑤⑦⑥①①③

      ☝️☝️Msg me, Let's discuss on how to make profits in crypto MKT

    • 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽+①⑤①⑧⑥⑤⑦⑥①①③

      Reach me out 👆👆

  3. Travelling Charles

    So my question is this, If we all agreed on one economic policy, or policies, How would anyone make money?

    • 𝗪𝗛𝗔''𝗧𝗦𝗔𝗣𝗣 𝗠𝗘 +𝟭(𝟰𝟳𝟬)-𝟳𝟯𝟬-𝟭𝟭𝟴𝟳

      🔝🔝

    • 𝗪𝗛𝗔''𝗧𝗦𝗔𝗣𝗣 𝗠𝗘 +𝟭(𝟰𝟳𝟬)-𝟳𝟯𝟬-𝟭𝟭𝟴𝟳

      DM ⤴️ got something profitable to share with you.⤴️

    • you are spot on. there is nor will there ever be one data point or strategy that will work absolutely. have to listen with open mind….

    • @darren hereI mostly watch this channel to hear a voice that is contrarian to my assumptions. In particular, I’m interested to see what the channel creators reaction to the return to divided government and at least some consideration fiscal sustainability is involved in fiscal policy.

  4. It’s been the worst case scenario from the mid terms. The Republican dog wagged by the Qanon tail.

    Anyone who did not vote Democrat is responsible for the debt ceiling mess, which could get very ugly.

  5. GOP gets nothing and votes for debt ceiling rise at the last minute.

  6. "It's predictable" famous last words

  7. excellent

  8. I work all day, so I don't watch much news. I just keep working and saving to 401K and brokerage fund. At some point stocks will turn around and start going higher. In the meantime, I am buying stocks at a discount.

  9. Where are you getting the govt fiscal flow data?

  10. Mike the Zinc price was around $ 2710 per MT a few months ago: today as I type its at $ 3430 per MT. I think it fits your observation
    that the economy is doing better then most people think. It also benefits Fresnillo Plc. which is that large (gold) silver miner with a
    giant Zinc production of 100.000 MT per year (forecasted towards 110.000 MT in 2023.) No problem if you or "Team Youtube" deletes
    my comments. I know my place: in a cardboard-box under a bridge. lol. I am joking as always. Viewers should 👍your videos.

  11. awesome Mike the Gold/dollar squeeez Brilliant

  12. Again great info Mike useful. look forward every day.

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