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In this video I talk about the recent FED 50 basis point rate hike and how we could be headed for a recession. Today the FED stated that they will be raising the interest rate by 0.5% and it is theorized that they will raise it by 0.75% in June as well. I talk about why they are jacking up rates to try and combat inflation and how this could lead to a recession. I believe that investing in gold and silver can help protect you from a system collapse. It is also possible that we will see much higher precious metals prices if we do see a recession in the near future. Goldman Sachs stated that the recession chance is 35% over the next 2 years but I believe it is higher than that.
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