Uriah Report

Elon Musk’s recent social media repost about ending the Federal Reserve has reignited debate around the institution’s role in the U.S. and global economy. Known for his unconventional views and influence in technology, energy, and space sectors, Musk’s comments about the Fed strike a chord with many who question the stability and transparency of the current financial system. But what could "ending the Fed" realistically mean for the economy, and why do Musk and others advocate for this shift? The Federal Reserve, established in 1913, is the central banking system of the United States, responsible for regulating the money supply, setting interest rates, and providing a safety net during financial crises. Critics argue, however, that the Fed’s control over the economy can lead to inflationary cycles, devaluation of the dollar, and increasing debt burdens on citizens. In this view, the Fed is seen as lacking transparency and as having too much influence over both pol...

The financial landscape for the rest of 2024 and into 2025 presents a mixture of risks and opportunities, shaped by several key trends. As of now, gold and silver prices have shown volatility, mainly driven by stronger-than-expected U.S. economic data and a firming U.S. dollar. With inflationary pressures subsiding, central banks are likely to remain cautious in their monetary policy, which could affect the demand for precious metals. For those invested in commodities like gold and silver, the next few months might see price fluctuations, but a trend toward stability could emerge as markets adjust to geopolitical developments and inflationary data. Additionally, the stock markets, particularly in the U.S., are grappling with the impact of higher interest rates and the Federal Reserve's cautious approach toward further tightening. The S&P 500 and other indices have shown resilience but remain susceptible to swings, especially with the prospect of economic slowdowns i...