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Fed Is Not In Control Even as Rate Cuts Coming, Gold to Hit $3k

Jeremy Szafron, Anchor at Kitco News, interviews Dr. Nomi Prins, founder of Prinsights Global at the Rick Rule Symposium in Boca Raton, Florida.

They discuss Jerome Powell’s recent Senate hearing, the persistent inflation, and the commercial real estate crisis.

Prins shares her insights on why the Fed has limited control over the economy and how central banks globally are acting more independently.

They dive into the rising prices of gold and silver, driven by both retail and institutional demand, and the growing importance of rare earth metals in the energy transition.

The interview also touches on the political landscape and its implications for commodities, offering valuable investment strategies in the current bear market.