Hemke noted that after a decade-long wait, silver has caught up with gold's 10-13% rally above $2100. Despite rising rates, gold is at record highs, and silver may now outperform.
Powell will likely aim to keep 10YR Treasury yields below 5%, even at the expense of fighting inflation, while investors will strive to boost their abstract hopes.
Moriarty predicts a prolonged and significant rise in gold and silver prices, despite recent market corrections, citing daily sentiment indicators that show no signs of reaching a peak.
The dollar will be very strong, but not in a good way since debtors will have to make payments unto death in hard currency. It is only a question of when.
While mortgage rates are nowhere near as high as they rose in the eighties, consider that all current mortgages comprise far greater debt due to the massive rise in home prices.
