Market waits for Powell’s Comments…!

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Dear Investors…

 

The precious metals waiting for comments from Fed Chairman Jerome Powell’s statement should be available Wednesday afternoon.

 

A Bloomberg survey estimates growing expectations of Fed tapering in the fourth quarter.

 

Gold investors wait for any signal from the Fed to resume buying and potentially attack the $1800.00 price level…

 

Silver in the second quarter of 2021

 

Low-interest rates and rising demand from a number of industries will stimulate prices.

 

For example, silver is required in the expansion of the 5G mobile communications network, silver is becoming increasingly important in electromobility.

Credit: Anna Golubova

 

JP Morgan estimates silver prices at $35.00 to $40.00 an ounce this year as demand and new applications continue to impact prices…!!!

 

This is a wonderful time to initiate positions in precious metals…!!!v

 

 Much success to all.!
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