Gold/Silver: The Powell pump and your next buying opportunity

Let's jump right into this article with some key takeaways from Federal Reserve Chairman Jerome Powell's Jackson Hole summit. There were two statements and a comment that I had highlighted in my notebook. The first was how he cautiously stressed not making an "ill-timed policy move," indicating "The timing and pace of the coming reduction in asset purchases will not be intended to carry a direct signal regarding the timing of interest rate liftoff, for which we have articulated a different and substantially more stringent test." Therefore when they reduce their bond purchases, it does not mean they will immediately raise rates. The mo