Commodity Trade Mantra

Posts Tagged ‘Strength of the Dollar’

Gold Will Take Off as the Fed Loses Its Credibility

Anticipation of future strength of the dollar is driving gold prices right now. A small rate hike immediately followed by quantitative easing and an rate cut would completely undermine the Fed’s credibility. What about the price of gold? It will rise when the markets wake up to the fact that the Fed’s biggest easy money days are yet to come.

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