Urgent breaking MSM news: NY Fed President William Dudley Baby says, sipping on a Mai Tai cocktail in Bali, that interest rate hikes will come fast and furious to curb fast rising inflation.
Sell ya AU & AG
Sell ya shares in BDR
Buy USD
Expect a 0.25% interest rate hike in 2016 or 2017 or 2018 or 2030
A time to PANIC?, YES, because Dudley is a graduate of the Peter Pan school of Economics and he knows his S#$%! http://www.cnbc.com/2016/07/31/new-...est-rates-faster-than-the-market-expects.html
BDR Price at posting:
51.3¢ Sentiment: Buy Disclosure: Held
