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Expect Fed Emergency Rate Cut | Michael Oliver
Michael Oliver from Momentum Structural Analysis highlights the potential for an emergency rate cut by the Federal Reserve due to vulnerabilities in the banking sector. He draws parallels to past financial events in 2000 and 2007, where rate cuts signal deeper economic issues. Oliver emphasizes that while the stock market might face challenges, gold and silver could benefit from these dynamics, with silver historically exhibiting rapid price increases during similar periods.
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INTERVIEW TIMELINE:
0:00 Intro
1:47 Emergency rate hike?
9:00 Gold and silver update
17:00 US presidential election
23:36 Oliver MSA
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