Silver continued declining on Friday, reaching lows unseen since April 3. Fed’s Neel Kashkari said that the United States economy is not experiencing a crash in consumer spending or a slowdown in the service sector. However, Fed Governor Michelle Bowman said there is still no “consistent evidence” that inflation is falling and that monetary policy will have to remain “sufficiently restrictive for some time.” Meanwhile, the dollar was on the rise against both the euro and the yen, with the pound recording slight gains over the US currency. Silver dropped 1.41% at 8:21 am ET and went for $23.86 per ounce. Gold fell by 0.47% at the same time, selling for $2,005.85 per ounce. A minute later, platinum lost 1.31%, to go for $1,081.47 per ounce. Palladium traded with gains, up by 1.29% and going for $1,548.90 per ounce. NN: Gold and silver might have had a chance if the FED was not reacting to inflation as job one. Reality is the central bankers the world over are on this inflation like a coke whore sucking white powder off her mirror. They will kill inflation even if they collapse half the banks and drive the global economy into a 1930’s style depression. Inflation (gold) is not your crises. Deflation is (treasuries). Know your enemy and select the proper tools to protect yourself.