~*~Mining and Metals Du Jour~*~

[NYBob]

CD thank you, - Gold prices managed to move into positive territory
Wednesday afternoon following the Rothschild NWO U.S. Federal Reserve's
July meeting, which had a dovish tone.
December gold rose $3.20 to settle at $1,282.90 an ounce.
The rally comes after the metal came close to hitting the key
psychological level of $1,300 last.
‘The minutes were extremely dovish...it now seems highly unlikely we will
see a rate hike this year,’ Gary Wagner, editor of The Gold Forecast, said
in an interview with Kitco News.
‘The Fed minutes are more of a long-standing market mover, it is not
just a flash-in-pan and we should see gold stabilize,’ Wagner said.
'The metal was also getting a boost following the wave of resignations
by CEOs from President Donald Trump’s business council.
Wagner said that $1,300 is still his key level to beat, ‘If [gold] does
break above $1,300, we can see it hit $1,317 - $1,320,’ he added
Published on Aug 16, 2017

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