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Thursday, 06/17/2021 10:23:34 AM

Thursday, June 17, 2021 10:23:34 AM

Post# of 98
On Tuesday the Federal Reserve said that rather than keeping rates near zero through 2024, the Fed will start raise rates to rein in inflation if it continues rising through 2022.

Since then gold and silver have been plummeting, now at $1,778 and $26.14, and this has put pressure on GSVRF, but that is expected to reverse when people realize that the Fed is saying that it will not raise rates until 2023, plus that core inflation, not counting items such as lumber, has actually started to retreat, and so it may not raise rates if inflation's rise slows down in coming months.