Craig Hemke joins me today to discuss the major jump in rate hike expectations for the FOMC March meeting. At the start of the week odds of a March hike were under 50%. Now they are at 82%. It is understandable to be skeptical of a rate hike since all we have gotten is 2 in the last 2 years but it’s hard to ignore what the market is signaling. That being said gold investors might actually want a rate hike to occur since the last 2 signaled bottoms in the gold price.
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