• ODT Gun Show & Swap Meet - May 4, 2024! - Click here for info

Official ODT Silver Thread

Gold and silver are taking a big hit today. Most likely due to the fed meeting ending today. I don't know the results, but evidently not good for PM's. Strengthening of the dollar due to the results?
 
Gold and silver are taking a big hit today. Most likely due to the fed meeting ending today. I don't know the results, but evidently not good for PM's. Strengthening of the dollar due to the results?
Fed stated they are going to unwind their balance sheet - however it will be very slowly, and if the "market" tanks, they will quickly reverse course. It was just an excuse to hit metals, like every other Fed announcement.
 
Back
Top Bottom