Gold and the Miners Join the U.S. Dollar as a Safe Haven by David Erfle Friday December 14, 2018 14:07 Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
Commentaries & ViewsShare this article: The underwhelming Non-Farms Payroll (NFP) release last Friday, coupled with a weakening stock market, has the street expecting the Fed will turn cautious next week and slow the pace of rate hikes in 2019. Although the November jobs report was strong enough to keep the Federal Reserve on track to raise interest rates again, the jobs data and stock market sell-off has given gold bulls reason to believe Fed Chair Jerome Powell may hint of a pause in the Fed’s rate-hike dot plot in his speech on December 19th. More info.... https://www.kitco.com/commentaries/2018-12-14/Gold-and-the-Miners-Join-the-U-S-Dollar-as-a-Safe-Haven.html