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21:28
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Originally posted by MilliBuster
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That being said... the dollar will likely make some kind of move based on the press statement. If Yellen appears to be hawkish on rates then the dollar goes up, the economy lags behind hurting jewellery sales and gold as a currency goes down. Of course this would not be complication free as it opens up the doorways to gold as a safehaven should people holding bonds and property begin selling. Logically, this would either be a precursor to inflation or this would create a need for safety free from rates and inflation. With bonds and property being struck down this leaves the almighty dollar and gold. Inflationary forces encourage people to flee to gold.
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Righto fellas very important question, all input welcome. I have been using this mortgage data as a forward look at housing. Now shouldn't we have a huge number here if housing starts are accelerating. I was under the impression that you need a loan to build a house.
Righto fellas very important question, all input welcome. I have been using this mortgage data as a forward look at housing. Now shouldn't we have a huge number here if housing starts are accelerating. I was under the impression that you need a loan to build a house.
