Bitcoin Forum

In a recent interview with X33 spotlight, wealth analyst Lior Gantz offered some insight into the Federal Reserve's actions as of late.  Cutting interest rates when the economy is supposedly "booming" is an odd move, and Gantz says President Donald Trump could be behind these actions in an effort to unofficially abolish the Fed.

Gantz is the owner of the Wealth Research Group, and he's predicting that Trump is going to insist on lowering the interest rates to zero and keeping them there so the government will be the only entity dictating monetary policy.  The Fed will no longer have any say making them obsolete and completing the government takeover of the central bank.  When the Fed finally caves to Trump's demands, and the interest rates are set to zero for good, Gantz states that Trump will use taxation, regulations, and government incentives to stimulate the market as the Fed becomes a slave to the government along with the rest of us.

But the silver lining, is that "this is really the beginning for gold," said Gantz.

Watch the video below to hear Gantz's entire take on exactly how Trump is going to abolish the Fed and create a complete government takeover of the entire economy.

Gantz does not believe that what we are seeing is a market collapse. Since the U.S. is no longer an agricultural economy, August is no longer a secure "harvesting" month like it used to be:

"I personally don't think that this is a market collapse. I do think that we will see a very volatile August…historically, since 1951, since the United States officially transitioned from an agricultural economy to a financial economy, [but] with the United States being 2% agriculture right now, [August] has been the worst-performing months…this is defintily not a market collapse, but it's a change." -Lior Gantz, Wealth Research Group via X22 Spotlight YouTube channel

Gantz then adds his take on why Trump is reacting the way he has: