The Fed Goes Full Dove – Get Long Gold, Silver And Mining Stocks
Silver and gold have been under intense attack in the paper silver/gold derivative markets (Comex, OTC derivatives) and the London unallocated phony physical bullion market since August 2020. But I believe that is about to end. The precious metals sector was technically overbought after the massive Q2 2020 rally, making it easy to push the sector lower. But the effort to suppress the prices of gold and silver provides cover for the Fed’s lascivious money printing policy. And that policy is going to get a considerably more lascivious.
WallStreetSilver invited me to discuss the implications of the latest FOMC policy decision and the reasons why it will lead to much higher price level across the precious metals sector:
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