Note,
I had previously expected the Fed to go into the December rate hike with a more hawkish tone and then soften into more dovish in Q1 2019.
This is why I had previously though Q1-Q2 2019 would be the best time to buy Gold/ in demand commodities.
The Fed's tone has obviously changed very recently into a strong dovish one.
Hence the consensus view from 3 priced in 2019 rate hikes to barely 1 now.
This is also explains the dramatic buying of US Treasury Bonds and the breakout in Gold from $1,200 - $1,240 range...
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Note, I had previously expected the Fed to go into the December...
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