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<p>[QUOTE="Clawcoins, post: 3106054, member: 77814"]In the case for today. Gold moved based on the Fed raising interest rates, and stating that they are going to do 4 more rate hikes this year?</p><p><br /></p><p>Now, the market is going to have to ingest how that is actually going to affect everything .. the US Dollar Index, etc.</p><p>And noticed how they initially responded in the aftermarket</p><p>[ATTACH=full]787037[/ATTACH]</p><p><br /></p><p>This is a good article in respect to exact that for today ==> <a href="https://www.marketwatch.com/story/gold-treads-water-as-potential-fed-rate-hike-looms-2018-06-13" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.marketwatch.com/story/gold-treads-water-as-potential-fed-rate-hike-looms-2018-06-13" rel="nofollow">https://www.marketwatch.com/story/gold-treads-water-as-potential-fed-rate-hike-looms-2018-06-13</a></p><p><br /></p><p>Now, do ppl prefer Gold when their currency drops? It all depends. In greece for liquidity ppl tried to store all their money in Euros or US Dollars. Gold has a layer of poor liquidity in poor nations. Sure barter ... yup .. but gold is something that cannot be used in many buy/sell scenarios.</p><p><br /></p><p>I always say ... silver and gold are pretty to look at.</p><p><br /></p><p>[USER=27527]@abuckmaster147[/USER] [USER=89393]@LA_Geezer[/USER][/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3106054, member: 77814"]In the case for today. Gold moved based on the Fed raising interest rates, and stating that they are going to do 4 more rate hikes this year? Now, the market is going to have to ingest how that is actually going to affect everything .. the US Dollar Index, etc. And noticed how they initially responded in the aftermarket [ATTACH=full]787037[/ATTACH] This is a good article in respect to exact that for today ==> [url]https://www.marketwatch.com/story/gold-treads-water-as-potential-fed-rate-hike-looms-2018-06-13[/url] Now, do ppl prefer Gold when their currency drops? It all depends. In greece for liquidity ppl tried to store all their money in Euros or US Dollars. Gold has a layer of poor liquidity in poor nations. Sure barter ... yup .. but gold is something that cannot be used in many buy/sell scenarios. I always say ... silver and gold are pretty to look at. [USER=27527]@abuckmaster147[/USER] [USER=89393]@LA_Geezer[/USER][/QUOTE]
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Silver getting crushed today
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