Most sectors of the economy are already in a recession and the Fed has already started to ease monetary policy. But when will the Fed cut rates? I think it will take the onset of a banking system crisis or a steep decline in the stock market, or both, before the Fed cuts rates.

Craig “Turd Ferguson” Hemke invited me back onto his Thursday Conversation podcast to discuss the economy and precious metals sector as well some specific mining stocks.  You can access out conversation from his website:  TFMR – Thursday Conversation  or from the MP3 below:

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