by Craig Hemke, Sprott Money:

The year 2022 has begun to draw to a close and we can begin to look forward to 2023. What will the year ahead hold for precious metals investors? Well, it’s often said that history doesn’t repeat but it rhymes and that will be the case in 2023.

Much of what you’ve seen the past six weeks in the precious metals is what we expected to occur when we wrote our annual forecast back in January. It has just been delayed by a few months. The war in Ukraine impeded The Fed’s rate hike schedule and, subsequently, the entire calendar was pushed back. But now here we are so, what’s next?