There Is Downside Support For the Metals
Cory
May 17, 2018
Brien Lundin joins me today to share his thoughts on the short term breakdown in the gold price. Impacted by a strengthening USD (which Brien thinks is almost done) he seems some downside support at levels not much lower than the current price. We also have a couple comments on the Fed and what he seems changing the big picture.
Click download link to listen on this device: Download Show
Discussion
1 Comment
May 17, 2018 17:06 PM
Agree with Brian that 3% Fed Funds Rate is probably the upward limit…………perhaps another quarter to 3.25. What Brian didn’t mention was the possibility that if things got real dire during the next downturn, they can always go negative. That could be the biggest surprise for we Americans. JMO