SILVER Looking For MAJOR TECHNICAL BREAKOUT, May Happen IN TWO DAYS!

To say it’s extremely bullish in the silver market right now is…

(by Half Dollar) The Federal Open Market Committee (FOMC) concludes its most recent two-day meeting on Wednesday, January 26, 2022.

Since the last Fed meeting in which matters of monetary policy are decided, American consumers have learned that price inflation came in at a scorching 7% over the course of 2021.

Additionally, in the last month of 2021, the unemployment rate plunged to below 4%, currently sitting at 3.9%.

This booming US economy has some folks asking what the Fed will be doing next?

And on Wednesday, it will be all eyes and ears on Fed Chair Jerome Powell when he reads a statement at 2:30pm, EST, which is immediately followed by a press conference.

Silver is up over 3.18%, year-to-date:

For what it’s worth, anecdotally, at the margin, to say it’s extremely bullish in the silver market right now is possibly an understatement, especially since silver tagged its 200-day moving average.

Gold is up over 0.5%, year-to-date:

The same statement about bullishness in the silver market can similarly be made about gold.

Developing…