InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,102.75
(
1.08%
)
US TECH 100
17,280.00
(
1.78%
)
Dow Jones
38,243.84
(
0.41%
)
Brent Oil
88.16
(
0.01%
)
Bitcoin
63,856.72
(
-0.97%
)
Post# of 19856
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

gfp927z

Send PM Follow Ignore
Followers 84
Posts 32181
Boards Moderated 85
Alias Born 03/22/2005

gfp927z

Re: None

Monday, 04/17/2017 10:50:00 AM

Monday, April 17, 2017 10:50:00 AM

Post# of 19856
Check out this chart of the US GDP from the Atlanta Fed (link below) -


http://wolfstreet.com/2017/04/14/atlanta-fed-gdpnow-forecast-q1-falls-closer-to-zero/


So Jim Rickards is right - the Fed is tightening into weakness. Rickards says the Fed will probably raise rates again in June but he says by summer it will become apparent that they'll need to flip to the dovish side, and this will move gold higher.










Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up