There Was No Need for a Rate Cut

On Wednesday, Federal Reserve Chairman Jerome Powell announced that the Fed had decided to cut interest rates by .25 basis points. The market was expecting .50 basis points and immediately sold off. In fact, the S&P 500 had its first breakout move above or below 1% in thirty-eight trading sessions...

By | August, 5, 2019|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments

Dramatic Reversal for Gold and Silver

Almost as if we had seen today’s newspaper yesterday, Gold and Silver had one of the most recent reversals in years. After the FED decision on Wednesday, the metals got hammered. That selling continued into Thursday morning, but by the end of the day both had dramatic recoveries...

By | August, 2, 2019|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments