by Craig Hemke, Sprott Money:

We’re not quite through the first half of 2023, but just for fun, let’s take a stab at what we might expect to occur in the second half, at least as it pertains to gold and silver prices.

It’s early June, and the next FOMC meeting is one week away. Will the Fed hike the fed funds rate another 25 basis points or will they pause and take time to assess the economic damage that has already been done? We can’t know the answer to that question, but whether they do or whether they don’t, the forecast for the remainder of 2023 will remain the same.