Late Night Chat for Goldinsomniacs
OK…What will Yellen do tomorrow .
Will She raise rates again
Will She Say The Fed Is Still on Coarse for 3 more rate hikes in ’17
Will She Say hikes on hold due to Political Instability in the USA ?
Trump wants a Lower Dollar , Will She Comply ?
And most of all what has to happen for the Dollar to weaken and gold to take off tomorrow ?
Are we hearing ‘you’re fired’ again?
Uncertainties, chaos, fear, greed throughout the western hemisphere should fire up the gold rocket.
No rate raise (slow and steady but will talk up 3 raises), Trump tweets “we’re in a bubble”. What I’m looking forward to is the NFP in a couple days, if unemployment hits 4.6, I will be surprised, flat to up is my bet. More currency manipulation accusations from the Trump team should do the trick for PM’s. Fun Fun Fu….. 🙂 Good night Fully.
Over Obama’s years, we have heard about fake unemployment numbers. The real % is something like twice what’s reported. Not sure if Trump will dispute the FED’s report. If he does provide his number, we may hear ‘you’re fired’.
Doesn’t matter what she says or how many dots she wants, she will not hike that’s for sure
Have to agree with Marauder, the economy would appear to be great under Trump if she raised the rates.
Higher rates should attract capital inflow, hence a stronger $. If it doesn’t then sentiments favor gold as the beneficiary.