Submitted by cpowell on 01:22AM ET Wednesday, June 5, 2019.
Section: Daily Dispatches
9:21p ET Tuesday, June 4, 2019
Dear Friend of GATA and Gold:
The Federal Reserve, the TF Metals Report's Craig Hemke writes today at
Sprott Money, is trapped and cannot raise interest rates and
"normalize" its balance sheet without worsening the turmoil already
underway in financial markets.
Fed policy, Hemke writes, will soon revert to interest rates cuts and
"quantitative easing," monetary devaluation that
should be good for the monetary metals.
Hemke's analysis is headlined "Fed Policy Reversal Now Imminent" and
it's posted at Sprott Money here:
https://www.sprottmoney.com/Blog/fed-policy-reversal-now-imminent-craig-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
God Bless
Stock Market: Kirkland Lake Gold (KL)
https://www.youtube.com/watch?v=jG0l-hz9W78
https://www.klgold.com/news-and-media/news-releases/press-release-details/2019/Kirkland-Lake-Gold-Renews-Normal-Course-Issuer-Bid/default.aspx
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
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