Good charts. Those head and shoulders on silver and gold still in play unless a catalyst comes around.
The mortgage watcher doesn’t trust that the Fed will stop raising rates after one more this year if inflation is high. If they’re judging it simply on oil with this war it’s not going to bring it down when the ships are blocked or they continue to blow up refineries or pipelines. We can’t get any honest promises from either Ukraine or Iran from that. Their word they showed means nothing. Question is are we headed for stagflation or a attempt for dis – inflation when raising rates will not bring oil prices down when it’s a shortage issue due to war not man made like the lefties and climate change caused. All they’re gonna do is make the economy worse.