Loading ...“so the bottom line for gold was the initial statement at 2pm was a “hawkish” 1/4 pt cut….then he very sneakily negated that stance. at the press. conference…so no more rate cuts thru 2020. is just B.S….gold should be fine”
Anyone who bought this and the fact that QE isn’t coming before year end has completely lost their minds. The only thing they did today was try to appear not to have caved to Trump. Most of them are Libtard Academics that hate Trump.
If Obama was President, rates would’ve been cut but .50 today and QE announced. They are going to make the markets force their hand, by then it will be too late.