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RE: Weak Retail Sales and CPI Data Drive Precious Metals Higher Ahead of Fed Decision.
I think gold will go up no matter what the FOMC decide to do. We need to keep an eye on the statement and the Fed's economic forecast going forward.
Agreed, but if we get a hold we might just get the sustained breakout we've been waiting all these years for. Mind you, you can just imagine a few billion in naked shorts hitting the market if we do. Lets wait and see.
Ok so they did hike in the end which surprised me. Gold should be interesting the next few days and watch out house prices!