Gold & Silver Bear markets may have ended today

NEW YORK (Sept 18)  The consolidation of precious metal prices appears to be over with the Fed’s announcement today that TAPERING is off for now. Subsequently, today silver soared +7% and gold rose nearly +5%.  Moreover, the HUI Index of gold and silver mining stocks went ballistic +10% to 257.

Consequently, investors will probably be piling into silver and gold here to yearend.  And by then Dr Janet Yellen will have been named as the new president for the US Fed. To be sure Dr. Yellen is a well-known as an INFLATIONIST.  Rest assured we will all see new all-time highs for silver and gold in the not too distant future.

Additionally, pls recall that September through December have been seasonally the best months for silver and gold during the past 30 years.