Fundamentals Are The Same, But Different Don't be a nervous Nellie. Debt ceiling talks spooked the market. Gold and silver still high. Silver still around 23.68 with lots of support around this level.
Fed talking tough about not pausing yet. Another 0.25? Will that break more banks? Recession risks are high. And another rate hike will surely propel us towards a recession.
And government debt is growing. Higher interest rates make it difficult to sustain.
Precious metals remain close to all time highs with good reason.