Dave Kranzler: Silver rallies after Powell says smaller rate hikes could begin in December

1 year ago
105

Dave Kranzler: Silver rallies after Powell says smaller rate hikes could begin in December

Silver has been rallying again over the past few days, with the COMEX spot price now back over the $22 level.

Jerome Powell's comments yesterday where he talked about a reduction in the size of the rate hikes, possibly as soon as the Fed's December meeting had a lot to do with that, and Dave Kranzler of Investment Research Dynamics checks in to share his thoughts on the rally, and whether it might continue from here.

Dave also comments on the recent news that Ghana is going to be buying 20% of its miners' gold production in order to use it as payment for its energy needs. Which is certainly interesting news to see another country using gold as money, as the world continues to make non-dollar arrangements for payments.

We also talk about how Dave sees gold being used going forward as the pressure on the dollar infrastructure continues to build. He talks about whether we will see a gold-backed currency, or just a revalution in the gold price by the market, and how gold might actually be used once the debtloads across the globe are finally addressed.

So to find out more about the latest developments in the gold and silver markets, click to watch the video now!

-

To see the video Dave references where Andy Schectman talks about the global de-dollarization movement go to:
https://www.youtube.com/watch?v=2PpHfteywgM

To get access to Dave's Mining Stock Journal and Short-Seller's Journal go to:
https://investmentresearchdynamics.com/

-

To get Arcadia silver videos delivered straight to your email inbox click here:
https://arcadiaeconomics.com/email-signup/

-

To get on the waiting list for your very own ´Silver Chopper Ben´sterling silver figurine click here: https://arcadiaeconomics.com/get-a-chopper-ben/

-

To get your paperback or audio copy of The Big Silver Short go to:
https://arcadiaeconomics.com/thebigsilvershort/

-

To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here:
https://arcadiaeconomics.com/cftc-complaint/

-

To sign the petition to ban JP Morgan from having any involvement in the silver industry click here:
https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver

-

Follow Arcadia Economics on Twitter:
https://twitter.com/ArcadiaEconomic

-

To receive updates about Arcadia option trading events:
https://arcadiaeconomics.com/options/

-

#silver
#silverprice
And remember to get outside and have some fun every once in a while!:)
(URL0VD)

Loading comments...