S&P to crash 20% in 2023 as ‘panic’ sets in, Fed causes ‘tremors’ in banking system – Gareth Soloway

Gareth Soloway, Chief Market Strategist at InTheMoneyStocks.com and President of VerifiedInvestingEducation.com, joins Michelle Makori, Kitco's Editor-in-Chief and Lead Anchor, to discuss the U.S. economy and the latest GDP figures. Soloway discusses the market reaction, the next steps from the Fed, his concerns about a coming recession, the banking system and why he expects the S&P 500 to crash at least 25 percent in 2024.
He also gives his forecasts for gold, Bitcoin, silver, and the U.S. dollar, which has faced growing threats from de-dollarization.

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0:00 - Latest GDP report
3:24 - Fed policy
11:33 - Banking sector
16:51 - Bitcoin
21:01 - Precious metals
24:47 - Geopolitical risks 
26:55 - De-dollarization 
33:16 - Emerging markets
34:00 - Winning Trader Series

#banking #gold #bitcoin 
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