Fed Refuses to Raise, Gold Pushes Higher, Dollar Drops

from McAlvany Financial

The Fed refuse to raise rates as they see interest rates remaining near zero until 2022. Gold pushes higher as it is now back firmly into the mid 1700s, sitting at 14% up for the year. Silver sees a possible 3 drives up to test the $20 highs from last fall. Platinum continues its stepping up pattern and Palladium’s compressing wedge continues. Thanks for listening, if you enjoy be sure to subscribe to our YouTube channel for weekly precious metals price updates and geopolitical commentary.

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Last week’s Golden Rule Radio: ECB “Went Too Far,” & Gold Possibly Entering Seasonal Pricing https://youtu.be/20UvEVzlZZ8

This Week’s McAlvany Commentary: V Recovery? Hope That V Is Not Velocity https://youtu.be/ZQ-8GTcNHpk

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