Kitco News, Released on 11/26/24
The real economic crash happens after the Federal Reserve rate cuts, says @GeorgeGammon , investor, entrepreneur and macroeconomics expert. “When you look at the yield curve, the crash rarely occurs when the curve is inverted,” Gammon tells Kitco News anchor Jeremy Szafron on the sidelines of the New Orleans Investment Conference. “It usually occurs after the Fed starts dropping rates, and that’s what makes the curve steepen out.” Gammon explains the impact of Federal Reserve rate cuts and gives his outlook on inflation and the U.S. economy under Trump’s administration. Gammon provides in-depth analysis on historical economic trends and current market conditions, emphasizing the importance of risk management and potential investment strategies. “The end game, if you just fast forward a year or two, is rarely a re-acceleration of consumer prices. It’s usually disinflation. That’s followed by an acceleration of inflation due to the response mechanism from the central planners,” Gammon says.
00:00 Introduction: Fed outlook
00:16 Federal Reserve Rate Cuts and Inflation
01:14 Historical Context of Rate Cuts
04:09 Current Economic Indicators and Predictions
08:09 Cultural Shifts and Economic Implications
20:38 Investment Strategies and Market Outlook
27:22 Gold and Commodities Analysis
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and shifted his focus to real estate, where he has remodeled and flipped 40+ properties in and out of the United States. Recently focusing on Medellin, Colombia. He controls a multi million dollar real estate portfolio which focuses on buying distressed properties, remodeling, and selling or renting. Currently, in addition to running his real estate investments, George produces “George Gammon“, a YouTube Channel that will help you build and protect wealth through investing, real estate and an extreme dose of the economic RED PILL. More of his work can be found at www.georgegammon.com.