Friday, October 21, 2016 8:00:19 PM
Hello E!
This is just my thinking lately but by no means does it imply that I know what the heck I'm talking about! lol
Right now there's about a 70% chance the Fed is going to raise rates by a small amount in December, similar to last December, wouldn't surprise me.. which would make it only the second time since 06' they've raised them.
Gold is up somewhere around 16% year to date or since the last rate raise.
To make a long story short I think there's a good chance we will get a similar reaction next year in the metals if the Fed raises again this December..
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