Post by
ShatnersRug on Nov 29, 2021 10:58am
The Hammer
Investors/Speculators are waiting for the hammer to fall.
That is, the first interest rate increase by the FED.
The greenback will rise, thereby having a negative impact on PM pricing.
The question is, how much of that anticipated pullback is already priced in?
Secondly, how high do interest rates need to go before a rise in interest rates will actually have a negative effect on the greenback? For now, the dollar is still king, but I don't see it being dethroned until perhaps the next election cycle.