Silver And Gold: Where Is The Bottom? What The Charts Tell Us - Forbes
Silver And Gold: Where Is The Bottom? What The Charts Tell Us - Forbes
Source: Forbes
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DW NOTE
Gold is down 24%, silver down 51% from recent peaks — yet Forbes is asking where the bottom is. The bottom was wherever people stopped believing central banks would hold the line on inflation. With Core PCE at 3.3%, a $1.9 trillion federal deficit, and oil spiking 15% in a week on Hormuz disruptions, the question isn't where precious metals will bottom. It's what happens when the only cure for inflation is a recession no one is pricing in.