Shimmering silver

From blog.hycmlab.com Watch this video at https://www.metalsmine.com/news/1193456-shimmering-silver.

outlook for the Federal Reserve is mixed. On one hand, the US economy could be heading towards a recession next year. The November FOMC minutes stated that it was the ‘base case’. Slowing business activity, the cost of living, falling export demand, and higher debt repayments all point to the Fed needing to slow the path of rates. However, last Friday’s strong jobs prints suggest that the Fed may need to hike more aggressively and go higher than 5% next year. The headline was above the market forecast at 263K vs 200K expected and the prior report was revised higher. The Fed will not want to see a wage-price spiral enter into the US economy and higher wage growth with average hourly earnings last at +5.1% above the +4.7% maximum is really a concerning sign for the Fed that a wage-price spiral is underway. However, a US recession, peak US rates, and a falling USD would all support precious metals like gold and silver. So, silver’s seasonals could be really worth investigating. Over the last 25 years, silver has had a strong bias for strength. It has gained 19 times and only lost value 6 times with an average return of 8.10%.