Post by
psych01 on Dec 23, 2016 12:03pm
POG and fed
Pdcn---I could well be that Yellen signalled 3 more rate hikes in 2017 just to cover her---self. The uncertainty you refer to IMO is much deeper with global political instability; now Trump and Putin are having a friendly little 'nuclear arms race' through the media. The Fed could hold off on another hike for a few months, even into spring. Central banks are going to increase gold holdings just to be safe--lots of reasons to think gold will stay at decent levels. If MTO starts producing from the other property it will at least get to .10 or above. IMO