Fed Chairman, Jay Powell, unleashed the bull yesterday! He said the Fed will raise interest rates at a slower pace and he assured that he and his colleagues are trying to bring down the inflation without pushing the economy into a recession.  

Gold is a global commodity, a safe store of value for households around the world, but inflation hit hard especially to those who can afford the least, it has been devasting for people in the developing world, the unprecedent rise in dollar vs other currencies made the lives of millions even harder to bear.  

We think Dollar has reached the peak (almost) and that’s going to help reduce currency induced inflationary pressure on countries that rely on food imports.  

Gold & Silver has a good chance to continue the momentum and attract more investors who were sitting on the fence for so long.