Federal Reserve Chair Powell’s Comments

The sharp plunge in the DXY occurred immediately after Federal Reserve Chair Jerome Powell delivered remarks at the Jackson Hole symposium. While he didn't commit to a rate cut, he flagged growing downside risks to employment—describing the labor market as balanced in a “curious” way due to both supply and demand slowing. That hint at possible rate flexibility in September sent the dollar tumbling. The DXY dropped about 0.43%, trading down to 98.18 from around 98.7 before Powell’s comments.

The latest bump in Silver has broken above all the resistance in the low $38's, and now is near the previous highs from mid to late July.

t.me/SilverStackersSS

It's Führer Friday o/

@SilverStackers

The Fed follows the 2 year treasury, they just see what the market is already doing and adjust the fed funds rate to mimic it, but of course with a lot more words and excuses and BS.

If they just said, "we copy/paste the 2-year and let the market decide" then it would save everybody a lot of time and energy and confusion.

Right now the fed funds rate is at 4.25 - 4.5% and the 2-year treasury is at 3.69% and trending lower... so they are about 0.5 - 0.75% behind the curve... but they always adjust after the fact, so a small rate cut in the near future will be "normal".

t.me/SilverStackersSS

It's Führer Friday o/

@SilverStackers

Silver has fought it's way back above the previous 14-year high in late July, and is now working to clear the previous $49-50 highs made in 2011 and 1980.

Adjusted for inflation however, Silver still has many multiples to go before making new highs against the 2011 and 1980 peaks.

t.me/SilverStackersSS

Revaluation looks like this, a series of green bars moving unexpectedly above the previous price action.

And not just 1 or 2% in a day, but days with 10% or more.

In 1934, the US government (aka the bankers) passed The Gold Reserve Act revaluing gold from $20.67 to $35.

This is described as an "overnight revaluation" but it took the form of a series of trading days which nearly doubled gold (halving the USD).

Silver will gain in the following months and years without any type of government legislation, the market itself will respond to the ongoing supply/demand imbalance and revalue the White metal much higher in real terms.

t.me/SilverStackersSS

Plot twist: The banks are not only fake and gay and jewish, but also retarded.

@SilverStackers

Keep Stacking

Eurobros came within 5 cents of taking out the previous 2011 Silver high of 34.20€

With a strong uptrend in Silver, new all-time € highs are imminent.

t.me/SilverStackersSS

Paper currency/fake money is for slaves... it's debt-based and erodes away from inflation.

Hard currency Silver and gold are real money... they preserve purchasing power over long periods of time.

t.me/SilverStackersSS

Gold is within striking distance of fresh all-time highs above $3,500 previously made around Uncle A's birthday.

Gold is still leading, for now, but Silver will rocket ahead when the retail investors come looking to get their hands on some metal.

t.me/SilverStackersSS