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
__________________________________________________________________
Kitco NEWS is a global news network based in Montreal, with bureaus in New York, Hong Kong, New Mexico, London and Vancouver. Since 2009, our journalists have helped investors make informed decisions through in-depth reporting, daily market updates, and interviews with key industry figures. We aim to accurately and impartially cover the economy, stock markets, commodities, cryptocurrencies, mining and metals.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit
Follow us on social media:
Facebook –
Twitter –
StockTwits –
Live gold price and charts:
Live silver price and charts:
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week:
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors:
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc….(read more)
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
The US Federal Reserve Bank has been creating “breakage,” which has led to an increase in the number of bank failures in the country, according to Danielle DiMartino Booth, CEO of Quill Intelligence. DiMartino Booth has advised investors to “be bold” and buy gold as a safe haven for their money.
The Federal Reserve is currently implementing monetary policies to keep the US economy afloat during the COVID-19 pandemic. This has involved buying bonds to provide liquidity to the financial system. DiMartino Booth argues that this policy has led to banks accumulating more cash than they can handle, creating financial instability.
DiMartino Booth’s analysis indicates that the breakage could hit the banking system hard, prompting a wave of bank failures in the near future. She argues that the Fed’s buying of bonds has created a kind of “liquidity trap” that has made it difficult for banks to manage their cash holdings effectively.
DiMartino Booth recommends that investors protect themselves by buying gold. Gold prices have risen significantly in recent months as uncertainty has risen among investors. This is a trend that may continue as the economic situation worsens. DiMartino Booth argues that gold is a good investment right now because of its history as a safe haven in times of economic uncertainty.
As the pandemic continues to wreak havoc on the economy, it is clear that the Federal Reserve must take bold action to keep the country afloat. However, DiMartino Booth’s analysis highlights the risks associated with current monetary policies. Investors should be aware of these risks and consider protecting themselves with gold or other safe-haven assets.
“ not in our base case” ?? Not? Well dam.
Waiting till the great sharks get out of the market and only gullible small players remain playing, and then ……!! Boom. This is the most likely scenario they are waiting for.
De Martinino was part of the deep state’ now she’s singing a new tune!
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
How many times does the same thing have to happen over and over again until people realize it is deliberate – the Fed planned the collapse of the American currency a long time ago in order to introduce a "monetary" system that they and only they control so they have complete control over the American people – all that was stopping its implementation was the technology to do it – that wait is now over, as the technology is here, right now – and here it comes – learn about FedNow, this is the introduction of the CBDC system planned so long ago….
Democrats “fixing” a financial crisis – creating a bigger crisis to “fix”
STOP NOW WHY PLEASE STOP THE ADDS NOW PLEASE STOP
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
The Fed is a criminal cartel. End the Fed. Get money out of politics and set term limits in senate and the congress
I have watched several YouTube videos on how to trade in the market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands. I think I need guidance in the stock market.
As always it was worth the listen!!!
THE NEW WORLD BANKING ORDER // GIVE OUT LOANS TO YOUR INNER CIRCLE KNOWLINGLY THEY HAVE ZERO ABILITY TO PAY BACK CRASH THE BANK LOAN DEFAULTS // CRY TO THE FED BAILOUT / GOT TO DO IT B4 THE CBDC IS IMPLEMENTED THESE EVENTS HAPPENING DAILY
If they want to introduce CBDC the perfect setup is to let the small banks fail and only provide CBDC to cover deposits.
Every thing blow up. Who need fireman
All companies run businesses they do purchase the businesses insurance for things go wrong
The richest they refuse to lend the federal that the reason he said no.
Start from the capitol
We will create the policies who have above 400 millions in the last 20 years put the name down
How you run the capital you have 12 millions
If you make more than 400 thousands. Which you run the capitol. Or you in the list.
We all together in the same boat. You do this I do that together monies drained from operation
And the investors who else
Most stuff is the available dollars to run the operation so we know the rich the lenders and the workers
When more recession the job from the federal more caution and want to know who did make the market and the economy stall
We want to ensure they are not been hire beside the jobs they must do. Rather to make speech
If we did not hear from them how we know to react
And those promote do get hire someone earn big to stir up
The lending must do the underwriting because they cause confusion to borrow. And those earn big they are also the part of the confusion we need to watch these two group
The monies save it is legal tender. Complying lawful as they listen and get panics do the withdraw confusion it is no longer legal it is going to against homeland secruity security
We will stop withdraw monies from bank especially for huge transactions. We need to ensure all complying in order to withdraw monies too large if they save do little withdraw for spend no problems. When they do like the stock market. We are not allow.
more interest rises only means more Dragflation and a falling economy ..A no brainer really ..
There's no such thing as a tool except if you are a man…These so-called experts are talking BS once more …
That Google gun shot search was enough, he did it.
Ňou self
Physical gold ! Not paper gold only for speculation.