jim4silver
Silver Member
- Apr 15, 2008
- 3,662
- 495
Today's FOMC meeting
Usually on such days we see some increased volatility either up or down in PM's and stocks. Wonder if there will be any surprises today? Probably not, but you never know.
As far as silver, I believe we are going to see another bullish up leg, how far it goes before they push it back down I don't know. We just tested the downtrend line that goes back to the 2011 high.
Hopefully the fed release will push silver well above the trend line? Or knock it back down?
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/6/17_Historic_Breakout_Will_Launch_The_Price_Of_Silver_To_$65.html
Jim
Usually on such days we see some increased volatility either up or down in PM's and stocks. Wonder if there will be any surprises today? Probably not, but you never know.
As far as silver, I believe we are going to see another bullish up leg, how far it goes before they push it back down I don't know. We just tested the downtrend line that goes back to the 2011 high.
Hopefully the fed release will push silver well above the trend line? Or knock it back down?
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/6/17_Historic_Breakout_Will_Launch_The_Price_Of_Silver_To_$65.html
Jim
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