Market Update: Fed rate cut dump markets including Gold, Silver, Bitcoin as 2 & 10-year Bond Melt-up

Market Update 12/18/2024: Fed rate cut dump markets including Gold, Silver, Bitcoin as 2 & 10-year bond melt-up!

The Fed just cut its key rate by a quarter-point, predicting fewer reductions next year as inflation remains stubbornly high.

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation.

Right after Jay Powell started his speech and questions on his decision all markets started to collapse.

Dow Index
42,326.87
Change
- 1,123.03 (-2.58%)

S&P 500 Index
5,872.16
Change
- 178.45 (-2.95%)

NASDAQ Index
19,392.69
Change
- 716.37 (-3.56%)

Gold
2,613.26
Change
-33.27 (-1.26%)

Silver
29.45
Change
-0.97 (-3.20%)

2 and 10-Year Bond both melt up to 4.348% & 4.508% respectively.
T. Rowe Raises Prospect of 6% Treasury Yields on Fiscal Risk.

30-Year fixed home loan is at 6.93% at the 10-year bond rate of 4.508%
What would be the rate if the 10-year bond moves to 6%?
9%, 10 %, possibly even 12% on your home loans.
This makes it prohibitive to refinance or buy a home for most people.

Bitcoin and silver could dump and then pump as both are in a cup and handle pattern.
Bitcoin could go back to $25,000.
This would cause fear in the people that just purchased at 100K or more.

Based on the Paradigm 2030 chart these events should occur in the next 12-18 months.

1). Trump comes into office and pulls US troops from Syria on or just after Jan. 20, 2025.
2). Erdogan (White Horseman - 1st Seal) invades a few days later; this mirrors events in 2019 when Trump pulled our troops on Oct. 6, 2019 and Erdogan invaded Oct. 9, 2019 on Yom Kippur.
3). Possibly another global pandemic could follow Erdogan when he invades in Jan. 2025; as it occured in mid Oct. 2019.
4). Turkey invades Lebanon around March 2025.
5). Tyre, Lebanon falls at the end of July 2025.
6). Turkey drives through Israel, between Jerusalem and Jordan into Palestine by Oct. 2025.
7). Turkey drives into Egypt and hits massive resistance. Leaves 1/6 of his armies and moves against the Kurds-Medes. Turkey moves back to Tyre Lebanon by Oct. 2025 and then to Erbil Iraq (Battle of Gaugamela).
8). Kurds-Medes will collapse to the east of Baghdad Iraq and then Shush Iran.
9). Kurds-Medes and Iran-Persia align.
10). Turkey crushes both Iran-Persia and Kurds-Medes by Jan. 2026 (Battle of the Persian Gate).
11). Daniel 8 completes with the absorption of Iran.
12). Ezekiel 38-39 starts to complete as 10 nations move to attack Israel by Feb. 2026.
13). Turkey and all 10 nations will be destroyed on a 6th Seal event around March 4, 2026.

Paradigm 2030 chart link:

https://www.endofdayssurvival.com/_files/ugd/ecff0c_7410488662374533b255bcf6028939a5.pdf