I’m Lynette Zang, Chief Market Analyst here at ITM Trading, a full service, physical gold and silver dealer, specializing in custom strategies. And last night, this is just gonna be a quick little video to let you know that last night, the fed announced that there was going to be a special emergency meeting on Monday 2/14/22 at 11:30am Eastern time. I’m pretty sure it is. Then they will let us know the results afterwards. They’re talking about potentially raising the rates and other things which we’ll know about after they announce it. But here’s the thing, let’s say they do come out and they raise the rates. What are they gonna raise them? Even shock in awe is supposed to be five a half a percent. Okay. The only way, at least in theory, that they might be able to get inflation under control is if they raise it above the new inflation rate, the CPI rate of seven and a half percent, they gonna take these rates to 8%. No, I don’t think so. So maybe they will raise the rates, but let’s look at what they’ve done, which is a big fat nothing because yes, they are tapering, but they’re still buying bonds and mortgage backed securities. Yes. They keep talking about raising the rates, but they really haven’t done it yet because they’ve got this mountain of debt. $30 trillion fed debt in the U.S. Government that is constantly rolling over and corporations that have to raise, have to roll over that debt. So, you know, I’m sorry, but yes, they are behind the eight ball and keep in mind that Weve had the 20 year bond and the 30 year bond yields invert, which means that the 20 year bond is paying you more than the 30 year bond. Now it looks like the twos are moving well. The twos are moving up much more quickly. The two year yields are moving up much more quickly than the 10 year yields. So are we gonna get an inversion at that lower level? We’re gonna find out, I mean, they’re talking about raising the rates three times, five times, seven times. Well, can they do it? They’re gonna have to do it to a degree to defend their credibility, but not because that’s really what’s needed. And not because that’s really going to stop the inflation. As long as the fed funds interest rate is below the real rate of inflation. They will remain at easy money policies, wall street. Doesn’t like it because they like to take on more debt and they wanna do it at zero, but don’t worry. No matter how much they raise the right now, which they will not raise them above inflation, the official inflation rate, but no matter how much they do, I can, I can, well, I can’t give you that guarantee cause it’s not within my, my, you know, authority to do so. But the reality is is they will be dropping them down to zero and printing money into the stratosphere. Once again, the markets are not liking this choice. They like that punch bowl. It’s like a drug addict. Once you give them that drug, can you just take it away here? We’re gonna take it away from you. Cold Turkey. No, that’s why just been jawboning about it and talking about it and actually not doing anything. Thank you so much daddy for saying, do what I say and not what I do because that’s exactly what they’ve been doing. And that’s the way that we know that they are still lying. So I don’t really view Monday’s meeting as much of a big deal because they’re way behind the eight ball. They will not be getting inflation under control. We will end up in the next recession and that’s when they will have to turn on those printing presses. Cause they have nothing else welcome you to hyperinflation cause a big piece that most people miss, is the end of this currency’s life cycle. Doesn’t really matter what they do. We’re at the end. That’s why you’re seeing all of these frenetic movements in all of this volatility, which of course wall street and the traders love the volatility. The short term, the long term investors. If everything you, you hold can only be converted to Fiat government money, raise the rates, lower the rate. It doesn’t matter. No matter what by design the currency is losing value. I warned you, when they said we’re gonna go for an average of 2%. I told you then, okay, they’re getting us prepared for a lot higher inflation and we have it now. So I’ll be back on Monday. I’ll be back on Tuesday. I’ll find out whatever they talked about on Monday and I’ll let you know and until then please be safe out there. Bye bye.