Sean Foo, Greg Mannarino and David Lin Thursday 8-3-2023
U.S. DOWNGRADE - The Dollar’s Under Attack!
Sean Foo: 8-3-2023
A historic US debt downgrade threatens to plunge the dollar into big trouble. The ratings agency Fitch has officially downgraded America's credit rating.
This shows how much investors are losing faith in the US credit markets and the US dollar as well.
But this debt crisis is much worse than it seems as US deficit spending is about to get worse!
Timestamps & Chapters:
0:00 Historic US Debt Downgrade
2:35 Investors Losing Faith In America
5:14 Why Is The Dollar Still Alive?
7:29 De-dollarization Accelerates
10:04 Debt Default Inevitable
LIVE! The Debt Market SELL-OFF Continues! Crude Oil SPIKES. Fed. To The Rescue?
Greg Mannarino: 8-3-2023
Are Rate Hikes Over? Big Moves Ahead For The Dollar, Gold
David Lin: 8-3-2023
Gary Wagner, Editor of TheGoldForecast.com, discusses the next moves for the dollar, gold, and the Fed.
0:00 - Gold price action
2:00 - Dollar strength
7:53 - Real interest rate
9:40 - Inflation
15:25 - Gold vs fixed income
16:28 - Gold price outlook
17:56 - Soft landing?