#48 FED finds its "Terminal" rate, Costco shoppers buy gold

The Wise Wolf Gold & Crypto Show

Turning our gaze to global affairs, we explore the escalating Israeli-Hamas conflict and the potential risks surrounding it. The ground reality is that war often impacts more than just the parties directly involved - oil prices, for instance, could surge to $150 or more, potentially triggering a recession that could dwarf the 2008 financial crisis. Furthermore, we expose the approaching storm of a second stage banking crisis that could shake the very foundations of our financial system.
As gold sales at Costco soar and JP Morgan predicts a golden rally, we debate the declining purchasing power of the dollar and the potential for precious metals to safeguard wealth. In our roundup on the crypto front, we discuss the rise, risks, and rewards of meme-based coins and the growing acceptance of Bitcoin. We also ponder how the concept of ESG could affect free markets and western civilization. So, tune in, stay informed, and remember to leave a review. Join us as we navigate the world of bulls and bears and strive to be the wolf.

Chapter

1. #48 FED finds its "Terminal" rate, Costco shoppers buy gold (00:00:00)

2. Wise Wolf Gold and Crypto Overview (00:00:01)

3. Potential Risks in Israeli-Hamas Conflict (00:14:17)

4. Costco's Gold and Silver Outlook (00:26:13)

5. Future of Crypto, Impact of ETF (00:42:50)

6. Rockfinch Chat and Updates (00:55:38)