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FLASH SALE: The Federal Reserve is in a corner. If it hikes rates on Wednesday, it risks fueling the regional banking crisis. If it holds rates steady, it risks fueling inflation. Eventually it will have to choose between accepting higher inflation so it can deal with financial stability in the US banking industry or crushing the economy to pursue its misplaced policy of throwing Americans out of work.
Mining stocks are looking good. Image by Omid Roshan.
In my view, it is only a matter of time before Jerome Powell capitulates and chooses higher structural inflation, if for no other reason there is no compelling evidence that higher unemployment will lead to sustainably lower prices, particularly when there are supply-side challenges that still need to be addressed.
That is probably why gold & silver stocks are now in play⛏️ . Let the insiders guide you to mining opportunities and get 78% off a first year Canadian Insider Club Ultra Membership. That's a C$390 discount before tax. Subsequent years will auto-renew at C$500 plus tax, but you can easily cancel via your Membership Status tab after logging in. Read about the benefits of a Canadian Insider Ultra Club membership and then use coupon Yellow at checkout.
We do not do these sales very often. We are doing this now because I believe we are in exceptional and unprecedented times. This offer expires right before the March 22nd Federal Reserve policy statement is released on March 22, 2023 at 1400 EDT. So, I encourage you to join us today.
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