Replies to post #6095 on 123Tom's TA study group

[123tom]

I don't think the Trump admin will allow any rate hikes.
but that's my uneducated opinion. I think the 15 dollar silver and 1190 gold is a good target to buy some. Lower targets are good as well. China is dropping the metals prices down to stay in balance with their currency declining. is what I heard someone explain, and that sounds plausible to me.

[jsc52033]

But fed increases are based upon their perception of inflation which consumers have already noticed
in much of what we buy. Has your household expenses gone up or down since 2016. If so is it more than 3% My resturant bills are up way more, clothes, My Mttg is frozen but property taxes aren't and insurance isn't. What about Dr. bills? So IMO PM's will smell the infaltion and act accordingly.