Warsh's 1/2 hour speech focuses on concerns of high inflation; nothing really new in what he has said prior.
Nonetheless, Precious Metals... Silver prices were smashed back $70/ounce, before finding strong buying again between $68-69/ounce.
Now with Warsh is done speaking, see how strong the silver market is here short-term. Can it hold the $68/ounce area and reclaim $70? Or is a larger pullback going to take place?
I remain on the bullish camp... the bulls will show their strength buy the shortness of price-drops.