Kitco News, Released on 5/24/23
Gareth Soloway, Chief Market Strategist at InTheMoneyStocks.com and President of VerifiedInvestingEducation.com, tells Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, that he is expecting the Federal Reserve to pause for longer than markets expect. This tightness, he claims, will lead to a stagflation. Soloway explains the implication of his thesis for Bitcoin, U.S. stocks, gold, silver and regional banks. He also discusses why he is certain that CBDCs will be rolled out via a Fed ‘backdoor.’ Soloway and Makori spoke at the Bitcoin 2023 conference in Miami.
0:00 – Federal Reserve
3:56 – Stagflation
5:05 – Regional banks
7:37 – Debt ceiling
9:54 – Bitcoin
14:13 – Silver
14:56 – Stocks and Bitcoin
16:33 – Bitcoin 2023
18:05 – CBDCs
21:09 – Crypto
22:21 – Ordinals
22:40 – Bitcoin ETF
24:43 – Macro data
Gareth Soloway is a professional trader with over 20 years of experience and the President, CEO, & Chief Market Strategist for InTheMoneyStocks.
Bitcoin is signaling this major move for the S&P 500 and NASDAQ – Gareth Soloway added by Herman James on
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