Fed boss Jerome Powell is between a rock and a hard place…
On Tuesday and Wednesday, the Federal Reserve will hold its Federal Open Market Committee (FOMC) meeting.
That’s when Powell will decide whether to continue his hawkish policy of rate hikes… or take a more dovish stance and pause or lower rates.
If he continues raising rates to bring inflation to heel… He’ll crash the banking sector.
But if he pauses rate hikes, inflation will rise up and destroy the living standards of hundreds of millions of everyday Americans.
In the meantime, the banking panic has ignited a huge rally in crypto…
Bitcoin and Ethereum were up as much as 35% and 25%, respectively, since the crisis began earlier this month. By comparison, the S&P 500 is flat over the same span.
And it’s no surprise why…
As Daily editor Teeka Tiwari says, bitcoin is no one else’s liability. As long as you custody your own bitcoin, it’s free of counter party risk.
While bitcoin will benefit from this banking turmoil… And Teeka expects it to go much higher from here…
He says it’s not yet the right time to buy into the broad crypto market.
You see, there’s a panic coming to crypto. In fact, Teeka says it could be the biggest crypto panic he’s seen in his seven years following crypto.
Many Americans are using this rally to speculate in meme coins… and as bunch of other fraudulent projects. This coming panic will wipe them out…
To prepare you for this coming panic, Teeka has put together a special briefing on Wednesday at 8 p.m. ET. It’s called The Crypto Panic of 2023.
During this briefing, Teeka will explain what will cause this panic – and how you could potentially turn $1,000 into an entire nest egg… All while getting paid each month.
As a special bonus for those who attend, he’ll even give away his top pick to play the coming panic.
Just click here to register, and your email address will automatically be added to my RSVP list.
Editorial Director, Palm Beach Daily