Image Source: DepositPhotos

Yesterday was a big day in the financial markets, as the Federal Reserve finally gave the announcement that so many have been waiting for.

The Fed held their latest policy meeting this week, and in addition to using less hawkish language in their statement, their summary of economic projections now forecasts 3 rate cuts in 2024 (as well as another 4 in 2025), which sent the stock and precious metals markets wild.

Gold is back over $2,000 an ounce, while silver has rallied from under $23 at the time of the announcement, to over $24.50 as of Wednesday afternoon. And in today's show, Dave Kranzler checks in to review what happened at the meeting, and why the latest developments were extremely bullish for the precious metals sector.

Video Length: 00:15:33

More By This Author:

Gold And Silver Outlook For 2024
Increased Gold, Silver Volatility A Sign Of The Moves To Come
Gold Hits New Highs With Dollar Supply Still Falling?