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Is the Fed Losing Credibility?

Is the Fed Losing Credibility?

The Fed Reserve appears to be on the edge of a credibility problem: the market does not believe the central bank’s official forecast for interest rate policy. For reference, the current Fed-controlled short-term interest rate is set at a range between 2.25% – 2.50%. Below we show the Fed “Dot […]

Gold Price: Gold Breaks Support

Gold Price: Gold Breaks Support

Gold Breaks Support – Silver Holds On the heels of an advancing US dollar and a stock market which is challenging all-time highs, gold fell $19 or 1.5% this week. Broke the “neckline” support level at $1,283 (black) of the head & shoulders pattern (blue callouts) in the expectation we […]