Gold Plunge Echoes March 2020 Crisis as Danielle DiMartino Booth Issues Warning

The financial system is flashing red, even as Wall Street clings to record highs. Danielle DiMartino Booth, CEO of QI Research and former Federal Reserve insider, warns that a systemic liquidity crisis is already unfolding—one that will force the Fed to abandon its inflation fight and expose deep cracks beneath the surface of the U.S. economy.

Speaking with Kitco News’ Jeremy Szafron, Booth calls gold’s violent 5% drop a “repeat of March 2020”—a forced liquidation event signaling that the dash for cash has begun. She reveals why “prime borrower” delinquencies—not subprime—are now the canary in the coal mine, and how banks are quietly using “extend and pretend” tactics to mask a growing credit collapse.

Booth exposes how the Fed’s tightening cycle has backed policymakers into a corner, creating the same conditions that preceded the last crisis. “The system is breaking,” she warns, adding that the final indicator of failure will show when the Fed can no longer hide the strain behind its balance sheet.

This is a must-watch interview for investors, policymakers, and anyone trying to understand the next phase of the economic reset—as liquidity vanishes, gold tumbles, and the Fed loses control of the narrative.

Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)
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Follow Danielle DiMartino Booth on X: @DiMartinoBooth (https://x.com/DiMartinoBooth)

00:00 Market Contradictions
01:18 Danielle DiMartino Booth: Fading GDP, Watching Labor
02:26 Fed Flying Blind in Data Vacuum?
04:04 Bond Market Signals Recession
06:04 The Consumer is Cracking
07:33 'Extend and Pretend' in the Credit Markets
08:30 Bank of England Validates Private Credit Warnings
14:27 The Fed Will Be 'Forced' to Halt QT
16:31 Gold's Sell-Off: A 'Repeat of March 2020'
19:50 What Could Prove the Bear Thesis Wrong?
21:00 The Final Signal a Credit Event Has Begun

#FederalReserve #Recession #Gold #CreditCrisis

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