Tag: gold bulls
For Gold, It’s All Eyes On The Federal Reserve This Week
Mike Hammer |
July 30, 2019
It’s the week investors have been talking about for, well, weeks now. This Wednesday, the Federal Reserve is expected to announce if they will reduce interest rates, and by how much. The debate is pretty much over whether the Fed will reduce. The expectation is they WILL reduce rates, the question is by how much? If they […]
Gold Retakes 1300 Amid Rising Uncertainty
Mike Hammer |
March 14, 2019
As you know, gold dropped down through 1300 two weeks ago. That gave gold bulls a mild heart attack because the story for gold rising includes a little bit about “rising.” Not “falling.” A touch of a difference there. And 1300 is a key pivot point for gold; it can’t go up without staying above 1300 (just to drive […]