Post by
ErinBrockovich on Jul 28, 2022 8:55am
Silver Likes The FED
Silver up up. Now approaching mid 19.60s. FED signaled his intent to wait and see after this latest 0.75 hike. Admits that external macro factors are out of its control - I'm looking at you, oil, and food prices. Inflation will run hotter. Perhaps 4 to 5 percent.
Comment by
ErinBrockovich on Jul 28, 2022 9:11am
And silver has more runway. With gold silver ratio at 90, expect silver to outperform. The ratio should be around 80 now. Silver will be above 20 dollars very soon. And Sept is next rate increase. Market expects 0.50ish.