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Craig Hemke at Sprott Money: Looking ahead 90 days for gold and silver
By Craig Hemke
Sprott Money, Toronto
Tuesday, July 5, 2022
As Q3 begins, the narrative of higher U.S. interest rates and a soaring dollar continues. But what will the narrative be by the end of Q3?
Answer that question and you'll know where Comex precious metals prices are headed.
... Dispatch continues below ...
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This year has certainly not been much fun for us precious metals enthusiasts. However, as the year began, we all knew that the Federal Reserve was embarking on a schedule of higher interest rates and lessening quantitative easing, so really none of the price action thus far should come as a surprise.
In fact, it has played out pretty closely to what we wrote in our annual forecast back in January. ...
... For the remainder of the analysis:
https://www.sprottmoney.com/blog/Looking-Forward-90-Days-Craig-Hemke-July-05-2022
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