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| It seems investors are ignoring what officials SAY and are waiting to see what they’ll actually DO. We believe the awareness of the Fed’s credibility problems are going mainstream. Read our latest article: http://bit.ly/2c83oo4
00:01 – Audio starts 00:03 – Announcer: “U.S. stocks and precious metals finished higher yesterday. 10-year Treasury bonds also rose, that forced yields lower. The U.S. dollar index ended with a minor gain — and crude oil prices were largely unchanged during U.S. trading – hovering right around $47 a barrel.” 00:19 – “Investors mostly shrugged off weekend rhetoric from Fed officials who hinted they may implement another rate hike soon. Personal incomes grew a bit faster than personal spending in a report released yesterday.” 00:31 – “Mainstream economists often view increased savings as a negative given nearly 70% of the U.S. economy is based on consumer spending. It may also signal that Americans are becoming more cautious about the prospects for growth.” 00:45 – Gold and silver price charts. Price charts do not reflect live prices. If you’d like to see live prices, please visit https://www.moneymetals.com/precious-metals-charts/ |
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