Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

Gold prices rose as US Treasury bond yields and the US Dollar fell in tandem after the AHCA healthcare reform bill backed by the While House was shelved on Friday. The measure’s fate was interpreted as a referendum on the Trump administration’s ability to turn its campaign promises into policy.

AHCA’s failure poured cold water on rate hike bets conditioned on Trump’s inflationary economic platform of tax cuts, deregulation and infrastructure spending, as expected. Comments from Charles Evans and Robert Kaplan, Presidents of the Chicago and Dallas Fed branches respectively, are now in focus.

https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2017/03/27/Gold-Prices-Rise-as-AHCA-Failure-Cools-Fed-Rate-Hike-Outlook.html