Surprise! Surprise! Looks like the US economy is't as strong as they thought, so they need to kick the can down the road a few more years. https://www.nytimes.com/2019/01/30/us/politics/fed-interest-rate.html
I watched the full speech Powell gave this morning. He didn't sound very up beat, also it sounded like the FED was getting ready for QE4. I think i can wrap up the entire speech with a few lines; -things don't look good in the world. -interest rates are very low so that tool can't be used to boost economy. -they are happy to expand the FED's balance sheet to dump money into the system. -everything else he just says he doesn't know or can't talk about it.
Somebody on Silver Doctors (in the comments section) said that tomorrow is CRIMEX Futures Contract Expiry day so Get your Precious Metals while TPTB smack it down. _JLG. p.s. Visit silverdoctors dot the usual (with 3 w's in front of it) to get the latest Finance, World events, etc. & you can comment without logging in. See you there. Please, no 'TROLLS' (that means you pretty in pink) - or we will have to spank you. _JOHNLGALT.
The Fed is doing some PR work atm. They did a new interview with 60 minutes. In short they are saying all is ok and don't panic. you can watch short clips on youtube. https://www.youtube.com/playlist?list=PLI1yx5Z0Lrv6hajRjkIZJ_tNjKeU2-mLo or you can watch the full interview here, but i think you need to use a VPN and connect within the US. https://www.cbsnews.com/video/the-chairman-aclu-genetic-revolution/