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Ron Paul Liberty Report

Gold Market Alert! Birch Gold Specialist Phillip Patrick Predicts Impact Of Fed Cuts

Ron Paul Liberty Report

Ron Paul Liberty Report

News

4.92.2K Ratings

🗓️ 27 August 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

In this special episode we analyze the economy, with chief economist Phillip Patrick from The Birch Gold Group.

Transcript

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0:00.0

Hello everybody and thanks for tuning in to the Liberty Report.

0:05.0

Today we do not have a co-host but we're going to have a special guest.

0:09.0

We'll be introducing him in a minute.

0:11.0

We've also had a little bit of weather in Texas as usual, but we're

0:14.1

ready to go and we're going to be talking about a special subject that we talk

0:17.6

about all the time and that is on gold. But we have as our special guest

0:22.0

Philip Patrick who is the chief economist at the

0:27.2

Birch Gold Group. And guess what we're going to talk about today? We're going to be talking

0:31.0

about gold because it's in the market. But first we're going to be talking about goals because it's in the market.

0:33.4

But first we're going to welcome Philip to the program.

0:37.7

Philip, welcome to the program today.

0:41.0

Thank you

0:44.4

know.

0:45.4

know there's a lot in the news right now about the markets and gold. There's an election going on and that's playing a role

0:52.0

the the markets going on and that's playing a role. The markets, you know, are amazingly strong

0:58.1

considering the fundamentals. The fundamentals are horrible, but they still plot along and yet we noticed that just

1:08.1

recently at the meeting that's where Powell was he was showing some

1:18.0

some worries because all of a sudden the announcement shifting gears and that's what I want to start off with

1:24.2

Philip is the whole thing about his shifting of gears, shifting of gears on monetary policy, and all of a sudden, oh, we got a lower

1:37.0

a lower interest rate. And that's usually a sign that he's worried about something.

1:43.0

And I wanted to get your opinion on what you think this means,

1:48.0

you know, about shifting gears and now all of a sudden saying well inflation you know the

...

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