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Banks Foresee Crash, Top Indicator Signals U.S. Recession – George Gammon
In a revealing interview, Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, speaks with George Gammon, investor, macroeconomics expert, and host of The Rebel Capitalist Show. Gammon warns that the world’s most powerful economic indicator is signaling a recession, emphasizing that the banking crisis is far from over and we are just in “the middle innings.” He shares his insights on the latest macroeconomic data and the Federal Reserve's actions. Gammon also provides an overview of his own economic outlook and investment strategy, discussing his positions in Treasuries, gold, silver, and Bitcoin. Tune in for expert analysis on navigating the upcoming economic challenges.
Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow George Gammon on X: @GeorgeGammon (https://twitter.com/GeorgeGammon)
00:00 Coming Up
01:09 Introduction: Economic Overview
03:15 Most Powerful Economic Indicator Signals Recession
09:30 Banking System
19:07 Unrealized Losses and Banking Crisis
22:25 Federal Reserve
32:15 Yield Curve's Predictive Power
42:12 Potential Hard Landing Scenarios
01:03:51 Investment Strategies
01:07:52 Bitcoin
01:10:53 U.S. Elections
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Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
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