Craig Hemke from TF Metals Report – Thu 24 May, 2018

The Fed Rate Hike Outlook and CoT Report Update

Craig Hemke joins me today to share his outlook for Fed rate hikes this year. After the minutes yesterday that were viewed as more dovish Craig thinks a total of 4 rate hikes this year is no longer on the table. We also recap the CoT report from last week where the commercial gross longs are at a historic level.

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Here is the chart of the gold price and timing of recent gross long commercial positions.

Craig HemkeCory Fleck
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