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Almost certain Brexit will fail imo so Fed will hike. What does...

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Ophir

11,173 Posts.

51

26/05/16

07:22

Post #: 17868971
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Originally posted by slange ↑

No real follow through on the downside last night.
US gold stocks have been clobbered on the opening for the last six days in a row.
Considering that the Brexit vote is 9 days after the Fed meets it is highly unlikely that the Fed will raise.
Also with the recent capping action in the gold market and the general markets performance improving on low volume it looks like the powers that be are going to do everything in their power to keep things nice and stable until the vote.

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Almost certain Brexit will fail imo so Fed will hike. What does the Queen think? I'm sure the voters will see it her way ... just like the Scots did

Last edited by Ophir: 26/05/16
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0 Great analysis

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