Due To Silicon Valley Bank Implossion The Fed Just Announced A New Round Of QE
USD is going to be under pressure as the Fed will stop raising rates, gold and silver to headed much higher.
The Fed has panicked due to Silicon Valley Bank implossion. Signature Bank has been shut down. They have done another round of QE and there is no way they can keep raising rates.
USD is going to get hit hard, it has been on a short term rally in a bear market that started in September, 2022. Gold has been in a short term pull back in a bull market that started in November, 2022.
Best way to play this action is owning quality gold and other metals stocks. I talked about my favourites yesterday.