Welcome to November. Not a whimper, but a bang. I expect Powell to try and tamp down the rally at his press conference in 15 minutes. He will keep up the hawkish rhetoric but they have already told you the pace and the size of the increases are about to slow. After year end at the latest they will pause and hold steady for as long as possible. Either until inflation drops significantly, or more likely the economy rolls over and stresses in the financial markets get worse. Take advantage of any sharp pullback in gold and silver as he speaks. It may be the last best buying opportunity for some time. The final three year period of the ten year bullmarket for gold and silver is now underway. Live long and prosper.