Silver Surge and Fed Day
Housekeeping: Good Morning.
“The reset is a process, not an event”
Topic:
* Silver Surge
* Fed Day
Market Analysis:
Silver began its rally early in the European session, with buying pressure accelerating around 5 a.m. ET, shortly after the London market opened. Prices jumped from $36.54 to $37.16 in under an hour, ultimately hitting a high of $37.25 by midday before settling just below that at $37.09. That represents a 1.5% gain, outperforming all other major metals.
* Full analysis in the Premium post GoldFix PM: The Silver Bull Begins
Stocks are very dovishly biased these past two weeks…
The skinny
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