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Fed announcement... sell the news, or big pop?

<SLV>

Platinum Bling
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#1
I could argue either way. My gut says we could test gold 2k if they are very dovish. However, people are pretty much expecting that, so we might actually see a "sell the news" pull back.
 

Cigarlover

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#2
Let me try and help with your decision making.. It could go either way. :dduck::dduck::don't    know2:
 

gringott

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#3
The Fried Eggs say maybe.
 

ZZZZZ

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#4
Powell is a woosie. He wouldn't dare raise interest rates.
.
.
 

<SLV>

Platinum Bling
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#5

MrLucky

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#6
Let's see what the 8 ball says:

8ball.jpg
 
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#8
And here I am thinking about the best way to allocate my meger 401 account. have not done so because of the uncertainty of the market. But that is a trigger I am going to have to squeeze off some time.
 

nickndfl

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#9
Means gold will continue higher for the next few years. Buy on dips.
 

<SLV>

Platinum Bling
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#10
It was a "sell the news" event.

I'm a buyer again at 1880 as it stands today.

gold chart.jpg
 

EO 11110

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#11
two things i heard

1. insane zero-ish interest rate out to 2023 (wtf?)

2. not worried about inflation over their 2 percent target. they'll just average the high numbers with previous years' low numbers

my take --- inflation, it's what's for dinner -- same dinner they've been serving for 100 years