The Pres. and FED Chair are having lunch as I write this. I doubt they got together for a “nothing burger”. Either they are going to claim significant progress on inflation and sound doveish( the two half point increases for June and July will be followed by a definite pause and maybe the balance sheet reduction will be slower than originally laid out. That is door #1 and if that is the one they choose, stocks are likely to take off with gold and silver rocketing higher. Door #2 is more tough talk on fighting inflation and sounding hawkish “as we can’t let up now, we have to stay vigilant”. That should provide the accelerated stock selloff I was looking for coming into today’s session and a further selloff in gold and silver, at least for today. Choose your door and place your bets. This afternoon should be wild!