The start date for balance sheet reduction is not finalized, but will likely begin later this year in addition to another 0.25 % Federal Funds rate increase. (centurybank.com)
That overall estimate (implying $ 1.25 trillion in total balance sheet reductions) is slightly low, but close to our own calculations. (hussman.net)
And there is no shortage of potential catalysts to move this rally in precious metals, both gold and silver, beyond the skepticism phase: military intervention on North Korea, government shutdown as the debt ceiling is reached in September, further implications of Trump's collusion with Russia, and the beginning of balance sheet reduction later this year by the Fed, to name just a few. (hardassetsalliance.com)