Short Term Pinch (STP)

[SamLBInj]

Janet Yellen did a great Job Effing up Gold and Silver Today. She has no Clue what she is doing, She said two completely opposite things today, First she says the Fed may have been wrong on employment and inflation, which would mean easier monetary policy ahead that will be easier than previously thought as they really don't know how to figure out inflation and they have been doing it incorrectly.
The result would be an even more dovish Fed when it comes to removing the historically aggressive policy accommodation in place since the financial crisis.

"My colleagues and I may have misjudged the strength of the labor market, the degree to which longer-run inflation expectations are consistent with our inflation objective, or even the fundamental forces driving inflation," Yellen said,
Then she says Inflation could be heating up and we need to Raise rates just in case they are not really sure whats going on as a precaution....Got to see this to believe it...
https://www.cnbc.com/2017/09/26/yellen-fed-wrong-on-employment-inflation-meaning-easier-policy-ahead.html

( Insert Dumb founded Emoji Here)