- If mortgage rates climb, home builders will sell less homes. And will mean less construction jobs, as well as lower sales of construction materials. The point is, there’s a huge domino effect of unintended consequences.
- I think we’re now at an inflexion point. People have seen the high and rising inflation of the past year, but probably thought it would soon fall back to a more manageable level.
- Overall, silver’s technical picture is looking quite strong. And with the rate hikes now officially started, I think we could see silver continue to climb.
For further details see:
An Inflection Point For Silver