Here’s what the metals stocks are telling us about a Fed rate cut
Jordan Roy-Byrne, Founder of The Daily Gold joins me today to share some bullish thoughts for the gold sector and more so gold stocks. It’s all about looking ahead to the when the Fed will cut rates. Typically metals stocks bottom 1-2 months before a rate cut. Keep that stat in mind.
Click here to visit The Daily Gold and keep on to date how Jordan is trading the sector.
FedEx To Deliver 7 Days A Week To Satisfy Online Shoppers
By DAVID KOENIG – Associated Press – 1 hour ago
FedEx plans to deliver packages seven days a week starting next January as it tries to keep up with the continuing boom in online shopping.
The company is also taking back nearly 2 million daily deliveries to homes that are currently handled by the post office in a move it says will increase the efficiency of its own network.
The Memphis, Tennessee-based company announced the changes Thursday.
It was just last September that FedEx expanded to six days a week for most of the year, although it had previously run on some Saturdays and Sundays around Christmas. The company said it will add year-round Sunday service for “a majority” of the U.S. population.
Thanks to Jordan…..Very helpful…I will attempt to trade the gdx….always aware of my stop mmanagement
The real jump in precious metals will happen, not simply when there is an interest rate, cut, but when/if the Fed has a problem raising new money from the sale of notes to cover interest costs. If/when the Fed is forced to monetize the debt payments, gold will really take off.