The Fed Meets Tuesday. What Warsh Says Matters More Than What He Does.

The decision matters less than what Warsh says after it

Markets price a 35.8% chance of a hike on July 29, up from 12.8% a week ago. A hold is still the most likely outcome — but the statement is the real event.

The Federal Open Market Committee meets Tuesday and Wednesday. Kevin Warsh chairs his first real meeting since taking over in May, and the room he walks into is genuinely split: nine of eighteen policymakers put a hike on their dot-plot projections. He dropped easing language from the June statement and has been publicly skeptical of forward guidance.

What the bond market is already telling you: the 10-year yield sits at 4.70%, its highest since January 2025. Oil settled near $96.78 Friday after pulling back from $100, as reports surfaced that Pakistan is exploring US-Iran talks with China’s support. A single hawkish sentence from Warsh Wednesday afternoon keeps yields elevated, regardless of what the rate decision itself says.

Here’s why it lands on your desk: a hold with hawkish language does the same work as a hike for every mortgage, CD, and bond you hold — and the PCE inflation print lands Thursday morning, twelve hours after the statement. The market can move twice in one day.

Source: CME FedWatch / FXEmpire

What Trump Just Signed Behind Closed Doors

It didn’t require a vote from Congress, and it didn’t need a public debate.

With a single stroke of a pen, President Trump is moving forward with replacing the traditional dollar infrastructure.

This triggers the biggest structural transformation to America’s money in 52 years, completely resetting the rules for cash, savings, and retirement accounts.

A massive shift in wealth has already started behind closed doors.

Porter Stansberry has just gone live with an urgent briefing detailing the five vital companies positioned to capture this new monetary order — including the exact name and ticker symbol of his #1 stock to buy before the markets move again.

Don’t Click Away.

Gold stabilized at $4,052 — and the institutions kept buying

A small Friday gain after Thursday’s 1.94% drop. The long-term buyers did not flinch.

Gold has fallen about 23% since the US-backed conflict with Iran began in late February. Friday showed it can stabilize when crude and yields ease. It did not show buyers ready to chase prices higher into a Fed meeting.

Underneath the price: the People’s Bank of China added 14.93 tonnes in June — its largest single-month purchase since October 2023 — extending its streak to twenty consecutive months of buying. That is not a reaction to last week’s headlines. That is a reserve policy on a multi-decade horizon.

The distinction that matters: the price is doing one thing and the institutions are doing another. Watch which one is still true in six months.

Source: FXEmpire / World Gold Council

AMD Helios is in production. The stock fell anyway.

Helios racks priced at $5–$5.5 million, Microsoft Azure confirmed as anchor customer. Shares dropped 2.29% on the day.

Lisa Su delivered the keynote at Advancing AI 2026, confirming Zen 6 EPYC Venice on TSMC’s 2nm node. Eight of the ten largest AI companies run AMD workloads. The market’s response: production risks have eased, but major installations are months out, and investors had already priced in the progress during the prior rally.

Meanwhile SpaceX has fallen 47% from its post-IPO high ($116 vs $225), dragging the broader space sector with it. The Roundhill Space & Technology ETF is down roughly 23% over the past month.

The pattern is consistent with the rest of earnings season: good news priced in advance, and the question shifts to whether the next quarter can justify the multiple.

Source: CNBC / FX Leaders

Look at This Photo

Look at this photo.

Now guess what it actually is.

It’s not gloves. It’s proof Musk just solved a problem scientists chased since the 1930s — and it could open a rare investment window most people will miss entirely.

The Math Behind the Moon Shot

Let me show you two numbers.

$118 — Silver’s high earlier this year.

$56 — Silver’s price when Robert Kiyosaki announced he was buying more.

That’s a 52% crash.

Half price.

Most people see that and panic. They sell. They run.

Robert sees it differently:

“During this last ‘retracement’ or ‘crash’ I bought more gold and silver.”

Then he quoted Jim Rogers:

“Gold and silver going to the moon.”

Here’s the math Robert understands:

If silver goes from $56 back to $118, that’s a 110% gain.

If silver goes to $150 (Robert’s conservative target), that’s a 168% gain.

If silver goes to $200, that’s a 257% gain.

And the streaming stock Robert is revealing? It’s designed to deliver 3X-5X those returns.

That’s the difference between doubling your money and 5X-ing it.

52% off. Moon shot ahead.

That’s the setup.

— Robert Kiyosaki