Silver had been firming up better than Gold of late only to now negatively rotate. Just two weeks back, the Gold/Silver ratio was 81.0x; today ’tis 86.0x.
Fed Chair Jerome Powell says it again, and this time the bulls appear to be listening: The Federal Reserve is not done hiking interest rates. Fed members expect another 0.50% rise in interest by the end of the year.
Central banks are notoriously slow to change direction – but a change is coming, and as central banks lower rates and start up the money printing presses to put out the fires they created, gold and silver will rally again.
I don’t think the Great Reset will work out as neatly as Klaus Schwab and the Elite hope. Because if we keep moving in the current direction, civilization itself could collapse.