What to Expect From Today's US Fed Funds Interest Rate Decision

Today, at 2PM New York time, the US Central Bank is expected to leave the Fed Funds interest rate at 5.25% to 5.50%. I also believe the probability of an interest rate hike is next to zero. However, the more important takeaway will be what Jerome Powell hints at regarding interest rate cuts.

One of the most important factors why the Military Industrial Banking complex has been so relentless this year regarding their gold and silver price suppression executions is because of their expectations of having a much more difficult time capping precious metal prices once they start hinting at interest rate cuts because of the widely believed perception of a direct inverse relationship between the Fed Funds interest rate and gold prices. Again, I state “perception” because of the fact that many investors simply believe what they read without doing any research whatsoever so are unaware of the fact that historically, instances exist of very strong rises in gold price into Fed Funds interest rate hikes. Thus, though at times, temporary inverse relationships exist between Fed Funds interest rates and gold prices, this is not a relationship historically that always remains true.

Thus, far, interest rate cuts are not projected to start until May of 2024, which seems about right to me given that the Central Bank always helps out the incumbent US president during election years and the next US presidential election is in November 2024. The modus operandus goes something like this: Slashing interest rates leads to temporary rises in US stock markets. Rising US stock markets, though they only benefit the richest Americans, create a perception of a strong economy. The perception of a strong economy leads to re-election.

Thus, the US Central Bank does not want to create an artificial rise in the stock market too early next year, as a a manufactured rise is necessary into the election date in November. For this reason, any US stock market trouble that manifests in 2024 is most likely to rear its ugly head in my opinion early in 2024 in January or February, and at the latest, by Q2 2024. As long as the US stock market has a strong showing in Q3 and in October 2024, because of recency effect, the herd will completely forget any mini-crash that might have happened earlier in the year and remain ignorant of the fact that any market “strength” leading into the 2024 election date was 100% artifically manufactured and therefore, unlikely to be sustainable.

For example, how many of the herd recall the US stock market crash that started the new year in 2020 and that was only prevented from developing into a much more serious crash by an emergency Fed Funds interest rate cut to zero and the “coincidental” simultaneous lockdown all global economies to benefit key components of the US S&P500 as well as the wealthiest echelon of Western societies? Though the US S&P500 index contains more or less, about 500 stocks (thus, its name), for decades, as few as eight up to a maximum of about twenty stocks have driven almost all performance of the index every year. Thus, the performance of the remaining 480 to 490 stocks in the index are literally irrelevant in regard to annual performance of the S&P500 every year.

Covid lockdowns in 2020 were instituted not only to ensure wealth transfers to billionaires but also to drive revenues to companies owned by billionaires. For those that were unable to understand this at the time of lockdowns, only those completely unversed in science could ever believe that Ruling Class lockdown measures were instituted to protect the global health of citizens. During lockdowns, Ruling Class instituted quarantine measures were in direct opposition to the dictates of scientific mandates for how to properly react to any type of viral outbreak. For example, for the first time in history, the Ruling Class applied lockdowns to perfectly healthy people, and not as science would dictate, to infected people only. Lockdowns were designed to instill mass learned helplessness, compliance and financial transfers of wealth necessary to expedite the Ruling Class’s creation of a feudalistic economic order of two classes only - (robber) barons and everyone else (the serfs).

Unfortunately, even though history has provided us with blueprints for all the coming incursions to our privace and freedom enacted by the Ruling Class, we, as a human race, seem to be incapable of learning anything from history that lends itself to successful resistance against tyranny. Currently, I’ve been increasingly encountering articles issued by global banking institutions that contain an iteration of the “gold is dead” narrative spawned by gold’s failure to stay above $2,000 an ounce this year thus far (even though it’s remained above this mark domestically inside China’s borders. Though the Western price has dipped to $1,980, in China, gold is still trading at $2,045 per ounce right now). If you’d like to hear more of my commentary about this matter, ensure you follow my Telegram channel, on which I’ve also recently discussed the extremely disturbing cashless trend that is already spreading in some SE Asian nations.