Yesterday, I posted my thoughts for a possible sharp rally in gold and especially silver for the rest of this week. I didn’t have any particular catalyst in mind just the chart, the technicals and the symmetry I laid out. Today, Sleepy Joe is scheduled to sign the bill they are calling the inflation reduction act around 3:30PM. Since he is usually late and the markets aren’t likely to act positively to it, he may not actually get it done before the 4PM close. This may end up being a catalyst for a stock market pullback and a gold and silver spike. Let’s see how the rest of the week plays out.<\/p>\n","protected":false},"excerpt":{"rendered":"
Yesterday, I posted my thoughts for a possible sharp rally in gold and especially silver for the rest of this week. I didn’t have any particular catalyst in mind just the chart, the technicals and the symmetry I laid out. … Continue reading