In light of the tremendous market volatility surrounding the Fed’s latest moves, it’s a great time for you to watch my recent presentation on why the Fed will be powerless to fight inflation.

May 11, 2022

Dear Fellow Investor,

A few weeks back I gave a presentation at the 121 Mining conference in Las Vegas.

The topic? Why the Fed is trapped...and powerless to stem the tide of inflation.

Of course, I’ve talked about this a lot in these Golden Opportunities commentaries. So you know there are two factors that I believe make the Fed powerless.

Either the markets are going to tell Powell & Co. to lay off (which seems to be happening right now)...or the costs of servicing the federal debt will force the Fed to retreat.

While I’ve been writing about these factors for a while, I’ve also been talking about them at investment conferences. And in that most recent event in Las Vegas, I featured a chart that I haven’t shown you yet...

This chart shows the federal debt held by the public on the red line, while the blue line shows the interest expense on that debt.

Note how quickly the interest expense soared after the Fed’s first rate hike in December 2015. It quickly soared to nearly $600 billion a year...even though the Fed at that time was raising rates at a pace of just a quarter-point per year!

That’s right — these days the Fed is doing two years’ worth of rate hikes in a single meeting!

This means that the day of reckoning will come much sooner — within months, not years.

But I explain all of that in the speech I gave in Las Vegas, which the 121 Mining group has just put up on YouTube.

I urge you to click on the link below to watch my presentation. (Note: You may have to turn your volume up, as I forgot the speech was being recorded and sometimes strayed away from the podium microphone!)

All the best,

Brien Lundin
Editor, Gold Newsletter
CEO, the New Orleans Investment Conference

CLICK HERE
To Watch My Presentation At the 121 Mining Las Vegas Conference