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24/02/18
15:44
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Originally posted by AndyIgo
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Hi AverageJoe and all,
Of course, as we know the prediction business can be tricky; however, I think a reasonable date for a Gold price move could be 21st of March.
Mr. Bullard from the St Louis FED makes a case for a full 1% interest rate hike for 2018 hinting at 4 x 0.25% hikes and not the 3 currently talked about. I feel there is a good chance at the 20th &21st March FOMC meeting of a 0.25% rate rise. That being the case it will look like the FED is keen to get some inflation into the system and I can’t help feeling that will be positive for Gold.
Appreciate the thoughts of others
Our mate his eminence the king of negative innuendo was strutting about over on another thread today he really believes he is a legend in his own mind.
Cheers and very best regards: Andy
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I think that is completely incorrect
Bullard is a non voting member on fed policy making committee and HAS NOT made the case for 4 rate rises, in fact he is saying 4 may be priced for perfection and too much in 2018
https://www.google.com.au/amp/s/www...restrictive-policy-when-inflation-is-low.html