Goldman Sachs says the sector is a great investment going forward, as prices will keep rising, up 15.5% for the next 12 months . . . . The Investment Officer
The Federal Reserve sharply ramped up its expectations for economic growth but indicated that there are no interest rate hikes likely through 2023. . . . Jeff Cox
U.S. producer prices increased strongly in February, leading to the largest annual gain in nearly 2-1/2 years, but considerable slack in the labor market could make it harder for businesses to pass on the higher costs to consumers . . . . Reuters
Spot silver prices (XAG/USD) have seen upside in recent trade, rallying from around the $25.75 area to current levels around the $26.00 level in wake of a softer than expected US Consumer Price Inflation report for the month of February . . . . Joel Frank