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Odds Makers Are Betting That There’s an 11% Chance of an Interest Rate Hike

These remarks, once again, contradict what other Fed officials are saying. In an interview with Michael Pento, he reveals that the Fed is committed to propping up markets no matter what. Listen to this: http://bit.ly/2ct8OJm

00:01 – Audio starts

00:03 – Announcer: “Another Fed official cautioning against withdrawing monetary stimulus too quickly.

Gold and silver erased some of their earlier losses and wound up flat.”

00:11 – “Stock prices rallied sharply, recovering more than half of what was lost Friday.

Odds makers now peg the chance of an interest rate hike at this month’s FOMC meeting at about 11%. The remarks contradicted those by other Fed officials last week.”

00:27 – Gold and silver price charts. Price charts do not reflect live prices. If you’re interested in viewing live prices, please visit: https://www.moneymetals.com/buy

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Sound Money Defense League News
Stefan Gleason is President of the Sound Money Defense League, a national grassroots lobbying organization working to restore gold & silver to their historical role as America's constitutional money. He also leads Money Metals Exchange, a national precious metals dealer with over 50,000 customers. Gleason has frequently appeared on national television networks such as CNN, FoxNews, & CNBC, & his writings have appeared in hundreds of publications such as the Wall Street Journal, TheStreet.com, Seeking Alpha, Detroit News, Washington Times, & National Review.
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