Timothy Sumer

Danielle DiMartino Booth, CEO of Quill Intelligence and Author of "Fed Up," joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, to discuss the Federal Reserve's March rate hike of 25 bps, and why Booth believes that "more bank failures" are on the horizon as Fed Chair Jerome Powell continues to tighten monetary policy. Booth also provides her economic outlook, and suggests that investors can "be bold" in allocating more than 10% of their portfolio to gold, which she forecasts will rise in the midst of ongoing financial stress. Follow Danielle DiMartino Booth on Twitter: @DiMartinoBooth ( Follow Michelle Makori on Twitter: @MichelleMakori ( Follow Kitco News on Twitter: (@KitcoNewsNOW) 0:00 - Fed rate hike 5:06 - Fed pivot? 6:57 - 'Banking crisis' 16:07 - Fed's balance sheet 18:54 - Commercial real estate and banking 21:36 - Economic outlook 22:48 - Investment implications #banking #gold #federalreserve ___

According to Jeremy Siegel, "We're in negative inflation mode if the Fed uses the right statistics, not the faulty statistics that they've been using," Siegel said. The professor has long been critical of the Fed's use of lagging housing data, as current price data shows an ongoing decline in both home and rent prices. Catch our FREE daily watchlist here! Click here to sign up with WeBull and get 2 FREE Stocks: Join this channel to get access to my portfolio and discord group: If you guys enjoyed the video, please hit the LIKE button and make sure to SUBSCRIBE for more videos like this! Thanks again! DISCLAIMER: All of Own The Chaos Views and opinions, our trades, strategies, and news coverage are based on our opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. We are not a financial advisors and anything that we say on this You