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Gold Silver Spot Slammed on Fed Cut || Price Dip Buy Time
( 6227 viewed : 739 like : 54 comments ) Win 500 Silver Coins, enter here: [ đ Click âŧī¸ ] SUBSCRIBE to Our Channel: [ đ Click âŧī¸ ] The fiat Federal Reserve cut their Federal Funds rate another 25 basis points this week. Nearly all markets sold off, on what was oxymoronically called a 'hawkish cut'. Often the typical dog and pony show from the fiat Fed during rate cut cycles is to manipulate, wait I mean manage expectations according to their shorter-term goals. There will be more cuts next year in 2025 . the key question of course is how many and how fast they will come and under what kind of economic conditions. The fiat US dollar spot prices for silver and gold sold off on this week's rate cut with a tiny rally back to end the week's trading down overall for each metal. The silver spot price ended the week at $29.46 oz bid . more on the relevance of that in a minute. The gold spot price closed above $2,620 oz bid, and with more relative strength vs. silver, the spot gold-silver ratio climbed higher to end this week at nearly 89. I believe given the fundamental situation for bullion in place and to come, the old 1970s Western-led gold bullion bull on the left hand of these 2 charts will end up being echoed as this decade plays out into the next. This time it will be a worldwide affair with many Easterners gaining purchasing power versus typically low-to-no bullion and high-grade jewelry-owning Westerners. The runway for a coming bullion mania phase remains steady ahead. That will be all for our weekly SD Bullion Market Update. Merry Christmas and Happy Holidays to all of you out there. And as always, take great care of yourselves and those you love. Royalty-Free Music & Copyrighted Music provided by: ââââââââââââââââââââââââââââââ Cinematic Experience by Alex-Productions / alexproductionsmusic Creative Commons â Attribution 3.0 Unported â CC BY 3.0 Free Download / Stream: [ đ Click âŧī¸ ] . Music promoted by Audio Library âĸ Cinematic Experience â Alex-Productio . [ đ Click âŧī¸ ] ââââââââââââââââââââââââââââââ Last Hero by Alex-Productions / alexproductionsmusic Creative Commons â Attribution 3.0 Unported â CC BY 3.0 Free Download / Stream: [ đ Click âŧī¸ ] . Music promoted by Audio Library âĸ Last Hero â Alex-Productions (No Copyright Music) [ đ Click âŧī¸ ] ââââââââââââââââââââââââââââââ [ 2024-12-21T02:59:26Z ] :flashminiupdate:2024-12-21 :::: Visit my YouTube channel @ Original Cr. ( [ đ Click âŧī¸ ] )
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