FOMC statement on Wednesday…
As a consequence, I am not expecting any significant move higher today and tomorrow, and it’s possible we get a short term correction after the meeting–as we know anything is possible in the short run, especially as part of the post-FOMC noise.
I am still ultrabullish on the metals, much more so with silver at present. I think we have a 2-3 year window to see silver and the miners make large moves higher. Ultimately, I am not sure how the bull will resolve itself, since as George Soros put it years ago, “Gold is the ultimate [meaning final] bubble.” No use speculating on that though. Just make sure to check yourself before you wreck yourself (i.e., don’t get too greedy).