Since the Fed Raised Rates Gold Is Beating Everything

snakeholelounge.wordpress.com
JAN 9, 2018

ORIGINAL SOURCE: Gold Is Beating Everything Since the Fed Raised Rates by snakeholelounge.wordpress.com on 1/9/18

Bloomberg has it that gold is blowing the doors off everything including bitcoin, the dollar, S&P 500, euro stocks and treasuries. Yes, factors are definitely lining up for gold.

Since Dec. 12, the day before the Fed moved, gold climbed 5.7 percent to $1,314.36 an ounce, last week touching the highest level in three months. The S&P 500 Index gained 3.1 percent in the same period and bitcoin was down 14 percent. Gold’s advance was driven by the dollar, which fell 1.5 percent.

Please see the full story here; Gold Is Beating Everything Since the Fed Raised Rates



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