Sunday, October 02, 2016

Seeing Santa Claus Is More Likely 
Than The Federal Reserve Rate Hike
Historian & longtime gold investor Don Coxe says he expects gold will continue to be one of the best performing assets, especially because he doesn’t expect the Fed to raise interest rates in December. “It’s a somewhat higher probability that Santa Claus will come .. I have been telling my clients for 3 straight years, if you spend more than 5 minutes a week reading material about what the Fed will do at its next meeting, you’re wasting your time .. The best assumption is that if they do raise rates, it will probably mean they will have to cut them much faster…it is a maneuver, not an answer.." .. 9 minutes

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