Even the blind(with the exception of Jerome Powell) understand that the economy is slowing rapidly and that the few stats showing strength, are just BS, mostly from the govt. to continue the narrative that things are fine. Today Jerome is interviewed by Bloomberg at the New York Economic Club. He will reveal his hand. While he could continue his nonsensical narrative about possibly needing additional rate hikes, I believe he will say, NOTHING. If he dances around and isn’t hawkish, he also doesn’t have to say anything doveish, either. By just saying nothing either way, he is going to give the markets the excuse to have a two to three day explosive rally. Stocks will be just a sucker rally and should be sold early next week. Gold and silver on the other hand, will likely experience the catalyst to achieve ESCAPE VELOCITY. Gold will soon be looking at new All TIME highs above $2100 and silver will attack and break above $30. You have a few hours to position accordingly, but the explosive moves in the metals won’t necessarily happen all at once. The trend is clear but the volatility will increase along the way. Bull markets continually try to shake off as many participants as possible, don’t be one. Hang tight onto your gold, silver and miners.

Opinion not investment advice