The Fed could give all us US dollar fans an early Christmas present. Yes, sir. How does a 0.5% rate rise AND a hawkish statement about fighting inflation sound. Woooooossssshhhh. The US dollar goes into orbit. Gold and gold shares go down the gurglar. It would also fit in with guru Tim Wood's current bearish stand on gold based on his cycles analysis. Yes, sir. A 0.5% rate rise and a hawkish statement about inflation will be a very nice early Christmas prsent from the Fed.
