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Silver Stuck In $22-25 Range As Market Awaits Fed Clarity
#Silver Stuck In $22-25 Range As Market Awaits Fed Clarity
For the past year and a half the markets have watched the #FederalReserve raise interest rates, while waiting to see how far they would go before pausing. And also when they would begin cutting rates following the last hike.
The hiking has gone longer than even the Fed first anticipated, which has left many of the financial markets somewhat rangebound. That has also been the case with silver, which after rallying from last years lows of slightly below $18, has been trading in the $22-25 range ever since the bank failures in the US earlier this year.
In today's show we talk with David Stein of Kuya Silver and take a look at the way the silver price has reacted over a longer period of time, how the current price is affecting the silver #mining industry, how China is responding to the current environment, and whether the banking issues in the US are done.
So to stay up to date with the latest silver news, click to watch this video now!
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To find out more about Kuya Silver go to:
https://kuyasilver.com/
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To join our free email list and never miss a video click here: https://arcadiaeconomics.com/email-signup/
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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/
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To get your paperback or audio copy of The Big Silver Short go to:
https://arcadiaeconomics.com/thebigsilvershort/
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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/
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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!:)
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