Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Gold Prices
Gold Price
[Most Recent Quotes from www.kitco.com]
Our RSS Feed

Gold Updates by Mail

Enter your email address:

Follow Us on Twitter
« One of America’s Largest Companies is Stockpiling Food and Gold for the Next Financial Crisis | Main | Federal Reserve keeps interest rates unchanged but hints at December rise »
Wednesday
Oct282015

The Fed Effect on the US Dollar

The Fed speaks and the US Dollar jumps putting downward pressure on gold prices.

 

The chart above just about says everything however there was no real change to the Feds stance as they remain data driven on a monthly basis, so once again we will just have to wait for the December FOMC Meeting to see what gives.

 

There are two jobs prints before then and should they remain on the low side then we could wait until March next year before we get word of a rate hike – for now don't hold your breath.

 

 

The miners appear to be flat lining with the HUI at the 130 level - do you think it will rally from here or is another challenge of the 100 level on the cards?

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.

 

Winners of the GoldDrivers Stock Picking Competition 2007 

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>