Gold & Silver Reach New Highs For The Year Following Lower PPI Report
#Gold & #Silver Reach New Highs For The Year Following Lower PPI Report
On Thursday morning the latest #producerpriceindex results were released, and they showed a 0.5% drop over the past month, and a lower than expected 2.7% increase over the past year. Which was another data point toward suggesting that the Fed's next meeting in May will be the last interest rate hike of the current cycle.
As a result both gold and silver are trading higher, with gold near the $2060 per ounce level, while silver briefly traded over $26 per ounce. Both levels are new highs for 2023, amidst a surge of demand on the retail level, and an increasing awareness of precious metals now growing even in the mainstream media.
On Thursday the latest Fed minute meetings were also released, which showed that even the Fed has now become concerned about the issues in the banking system, and are beginning to expect a recession later this year. Which adds to the speculation that rate cuts may be on the way before 2023 is done, and has just further fueled the rally in the precious metals.
So to find out more about these latest developments, click to watch the video now!
-
To read the details about Fortuna Silver's 2023 first quarter production report go to:
https://fortunasilver.com/investors/news/fortuna-reports-production-of-94-110-gold-equivalent-ounces-for-the-first-quarter-of-2023/
To join our free email list and never miss a video click here: https://arcadiaeconomics.com/email-signup/
-
To get on the waiting list for your very own ´Silver Chopper Ben´ sterling silver figurine click here: https://arcadiaeconomics.com/get-a-chopper-ben/
-
To get your paperback or audio copy of The Big Silver Short go to:
https://arcadiaeconomics.com/thebigsilvershort/
Find Arcadia Economics content on these sites:
YouTube - https://www.youtube.com/user/ArcadiaEconomics
Rumble - https://rumble.com/c/ArcadiaEconomics
Bitchute - https://www.bitchute.com/channel/kgpeiwO1dhxX/
LBRY/Odysee - https://odysee.com/@ArcadiaEconomics:5
Listen to Arcadia Economics on your favorite Podcast platforms:
Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY
Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976
Google-https://podcasts.google.com/feed/aHR0cHM6Ly9teXNvdW5kd2lzZS5jb20vcnNzLzE2MTg5NTk1MjMzNDVz
Anchor - https://anchor.fm/arcadiaeconomics
Amazon - https://podcasters.amazon.com/podcasts
Follow Arcadia Economics on these social platforms
Twitter - https://twitter.com/ArcadiaEconomic
Instagram - https://www.instagram.com/arcadiaeconomics/
To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here:
https://arcadiaeconomics.com/cftc-complaint/
-
To sign the petition to ban JP Morgan from having any involvement in the silver industry click here:
https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver
#silver
#silverprice
And remember to get outside and have some fun every once in a while!:)
(URL0VD)
This video was sponsored by Fortuna Silver, and Arcadia Economics does receive compensation. For our full disclaimer go to:
https://arcadiaeconomics.com/disclaimer-fortuna-silver-mines/
-
46:02
Arcadia Economics
10 months agoAndy Schectman: Why Silver Premiums Spike Higher
8652 -
4:11
Nitrocross
1 day agoThe Edge with Tanner Foust | Episode 1
51.7K4 -
40:33
Alexis Wilkins
1 day agoBetween the Headlines with Alexis Wilkins: Eric Adams, Tariffs, Nathan Wade MISSING & more
38.8K11 -
1:16:08
Steve-O's Wild Ride! Podcast
2 days ago $2.11 earnedBrandon Novak and Steve-O Avoid Discussion Of Sobriety - Wildride #234
39K5 -
4:15:30
GamerGril
11 hours agoWHORDE MASTER RETURNS | DAYS GONE
34K8 -
LIVE
Right Side Broadcasting Network
3 days agoLIVE REPLAY: President Trump Delivers Remarks in Prairie du Chien, WI - 9/28/24
4,696 watching -
2:59:48
Jewels Jones Live ®
1 day ago“TARGETING TRUMP’S LIFE” | A Political Rendezvous - Ep. 93
102K30 -
21:20
MYLUNCHBREAK CHANNEL PAGE
14 hours agoThe Palace in Dallas?
81.4K32 -
59:56
Trumpet Daily
1 day ago $13.48 earnedSwooning for Kamala Didn’t Work - Trumpet Daily | Sept. 27, 2024
74.2K45 -
1:05:58
Tate Speech by Andrew Tate
14 hours agoPETER PAN PEANUT BUTTER ALERT | EPISODE 11
180K108