More than two interest rate cuts are expected in 2025, with further rate cuts anticipated in 2026, contrary to some predictions of only two for the year.
"And I'm telling you that's not going to be the last of it. It's not going to be the last of rate cuts. There's going to be many more to come. So the majority of people believe that there's going to be two rate cuts this year. So there's three more Fed meetings left for 2025. But if I had to guess, I would expect higher inflation prints. So maybe we're just going to get one interest rate cut this year. But regardless, there's going to be more rate cuts in 2026."
Countries like India, China, and Russia are expected to increase gold purchases as a response to US asset freezing and confiscation policies, leading to a shift away from US treasuries.
"So you know what I mean? You know where this is going. It's going to be you play under our terms otherwise we're going to freeze your assets and your accounts. We're going to confiscate everything. And the natural response by India, China, Russia and the entire world is to buy gold instead of US treasuries."
