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Precious Metals Have Run Out Of Gas And Are Following The Dollar

Precious Metals Have Run Out Of Gas And Are Following The Dollar

October 30, 2017

Precious metals have been trading tick-for-tick with the dollar over recent months. In my latest article for Seeking Alpha, I explain why gold and silver were waiting for the next move in the dollar and now that Mario Draghi caused a break to the upside the greenback is now awaiting the appointment of the next Chair of the central bank and how the appointment of a hawk to run the Fed will likely result in a three-peat in December as rates will rise by at least 25 basis points and gold and silver will move lower once again during the final month of the year.

Article: Precious Metals Have Run Out Of Gas And Are Following The Dollar

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