Silver as an investment

ZeroHedge: Watch Live: Jay Powell Explains How ‘Everything Is Awesome’ Despite Fed’s Fold

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

With the housing market in freefall, sentiment slumping, earnings expectations plunging, but stocks soaring; Fed Chair Jay Powell better stick to the script today in his press conference – “patient” not “auto-pilot”, “patient” not “auto-pilot”, “patient” not “auto-pilot”, “patient” not “auto-pilot”…

The Fed says economic activity rising at solid rate, jobs strong (labor market strengthened, unemployment remained low), and spending grew strongly’ BUT they are now “patient” on the rate-outlook and “flexible” on balance-sheet normalization.

Good luck explaining that bullshit…

Watch live at 1430ET…

via zerohedge