by Craig Hemke, Sprott Money:
COMEX gold and COMEX silver have both seen terrific price rallies over the past two weeks. However, not all rallies are the same, so let’s take time today to dissect both types.
Over the past seven trading days, precious metal prices have soared, led by COMEX gold. What set off these rallies? Primarily, two things:
- Fed Governor Christopher Waller gave a speech on Friday, March 1, where he outlined his thoughts on the future of monetary policy and quantitative easing. If you missed the speech, a great summary can be found at this link: https://www.fastbull.com/newsdetail/fed-waller-reversed-operation-twist-3115363_0
