Silver Spikes During Jerome Powell’s Press Conference, Falls The Day After

The Federal Reserve held its latest policy meeting this week and announced a widely expected quarter-point interest rate increase. Then following the release of the statement, Jerome Powell gave his press conference where he mentioned a few more increases this year,’ although the gold and silver prices spiked while he was talking.

The levels of both gold and silver have come back in today as the market continues to digest the news. However to discuss the Fed’s announcement and comments, David Stein of Kuya Silver joined me on the show and talked about the news and how the markets are reacting.

David also discusses some of the commentary about gold and silver from the recent Vancouver Resource Investment Conference, the gap in the silver supply and demand profile, and his thoughts on the silver squeeze weekend that just hit its 2 year anniversary.

So to stay up to date on the latest silver news, click to watch this episode now!