With a 4.5% chance of rate hike priced into the markets at today’s FOMC meeting, it is unlikely that anything exciting will happen today. However, with China outflows, BoJ easing expectations, and Draghi still promising more, it appears precious metals are once again bid. Both Gold & Silver have broken back above their 200-day moving-averages this morning…
Charts: Bloomberg
Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.
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