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The Daniela Cambone Show


Feb 15, 2023

"There is still going to be an overhang in the economy even as the markets are going to get comfortable with the dialed down size of the Fed's rate hikes," says Nomi Prins, bestselling author and investigative journalist. "The Fed is going to go to neutrality," she tells Daniela Cambone. "Then they will start to buy bonds again or back up from their plan to do quantitative tightening," Prins continues. "There are certain assets like gold, silver, and copper that are already peaking up because the Fed has entered the first stage of a three-stage pivot," she says. "Gold purchasing by China has allowed them to begin backing the renminbi with the metal and create new alliances at the same time," Prins says. Take a look at her new book Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever here https://bit.ly/40UNvtk.