Silver Surge and Fed Day

Housekeeping: Good Morning. “The reset is a process, not an event”Topic: * Silver Surge* Fed DayMarket Analysis: Silver began its rally early in the European session, with buying pressure accelerating around 5 a.m. ET, shortly after the London market opened. Prices jumped from $36.54 to $37.16 in under an hour, ultimately hitting a high of $37.25 by midday before settling just below that at $37.09. That represents a 1.5% gain, outperforming all other major metals. * Full analysis in the Premium post GoldFix PM: The Silver Bull BeginsStocks are very dovishly biased these past two weeks. There is one reason to not be so biased bullish. The Fed Dot Plot still shows a bias of 2 rate cuts this year. All eyes will be on that for revisions downward towards one cut, which is increasingly likely given the clock is now at midyear.* Continues in Premium’s FOMC: Powell's Risks Contradicting himself todayRelated Posts:Coming Soon:Lots…Data on Deck: Fed Week* MONDAY, JUNE 16 8:30 am Empire State manufacturing* TUESDAY, JUNE 178:30 am U.S. retail sales* WEDNESDAY, JUNE 18 8:30 am Housing starts, 2:00 pm FOMC rate decision * THURSDAY, JUNE 19 None scheduled, Juneteenth holiday* FRIDAY, JUNE 20 8:30 am Philadelphia Fed survey* Full calendarSummary and Final Market Check…* June 30th for Silver* BRICS Summit Starting Soon This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit vblgoldfix.substack.com/subscribe