DEC 15, 2017
ORIGINAL SOURCE: Gold Bullish on Fed Hike 2 by Adam Hamilton of afr.com on 12/15/17
Adam Hamilton goes deep in analysis on this one with Fed rate hikes and Comex futures traders. He says that the past Fed rate hikes have actually proven very bullish for gold, and this latest one will be no exception.
Snippet: Gold will likely again stage a powerful rebound rally into 2018 as these hyper-leveraged traders reestablish long positions. They don’t have many short contracts to cover, continuing last year’s trend. Leveraged shorting of a healthy bull market is suicidal.
Please read the rest here; Gold Bullish on Fed Hike 2