I-80 Gold Corp T.IAU

Looking to tomorrow

[goldstd69]

any ideas on what the fed does with interest rates?  My guess is a raise of 0.25...I think 0.50 raise is not in the works this time around...no raise would be bullish for metals and stocks....

[metalhead666]

Really doesn't matter except for a day or two.  If they don't then fear will rear up and inflation will take off...if they do then more banks will fail It's an impossible situation with no way out. 

[goldstd69]

it appears that way... no win...now the mortgage loans are becoming an issue....this could get shaky ....I pray not but there just has been too much excess...gold silver could benefit catching up to bitcoin as a resort of safety...t-bills also????  I added some gold miners today on the correction from overbought conditions but also increased my hedging so I can sleep at night...am lightly

[NineLives]

Raising 0.25 will have no impact on inflation. In fact it can take months for rate increases to budge inflation by cooling the economy. Those previous increases still working their way through. They can't put money in the system then raise rates, it would be pointless. Zero change, if they have any sense.

[goldstd69]

some of the wiser commentators suggest the fed even lowering the rates...as they believe the fed raised rates too fast too high already.....wouldnt that be something if rates were lowered 0.25?  I know...I am dreaming

[diggin78]

This post has been removed in accordance with Community Policy

[diggin78]

This post has been removed in accordance with Community Policy