Makes no sense to me: It was anticipated that the Fed would increase by 1/4 point…which is just what they did. So, this rate increase should have been priced into the markets. Instead $gold blasts upward as if the Fed did not increase the interest rate. There has to be a backstory in here…somewhere.
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.