Gold Hits Another New All-Time High After Powell's Capitulation
The gold market just set another new all-time record high this morning, and December futures are currently trading at $2,641.
Of course this is coming on the heels of the Fed's aggressive decision on Wednesday to cut interest rates by 50 basis points rather than only 25.
Following the announcement we saw both gold and silver spike higher, before finishing lower on the day. Yet as the news is being processed by the markets a few days later, gold has just broken out to a new record high, while silver is trading at $31,73.
Vince Lanci talks about how the market is reacting following Powell's capitulation, and why he thinks silver is really about to start moving.
To find out more, click to watch the video now!
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