Yesterday was a big day in the financial markets, as the Federal Reserve finally gave the announcement that so many have been waiting for.
The Fed held its latest policy meeting this week, and in addition to using less hawkish language in its statement, its summary of economic projections now forecasts 3 rate cuts in 2024 (as well as another 4 in 2025), which sent the stock and precious metals markets wild.
#Gold is back over $2,000 an ounce, while silver has rallied from under $23 at the time of the announcement, to over $24.50 as of Wednesday afternoon. And in today’s show, Dave Kranzler checks in to review what happened at the meeting, and why the latest developments were extremely bullish for the precious metals sector.
To find out more, click to watch this video now!