In this presentation, Jeffrey Christian of CPM Group focuses on tomorrow’s Federal Reserve FOMC meeting and announcement, and the likelihood of market disappointment should the Fed decide not to lower interest rates.
Despite expectations of a weakening economy, recent data shows strength, with a 2.8% GDP growth in the second quarter and strong employment figures. Jeff explains that these indicators suggest higher, more persistent inflation rather than economic weakness, potentially leading the Fed to maintain its cautious and hawkish stance.
Jeff concludes by discussing the short-term impact this will likely have on gold and silver markets, reiterating the possibility of more volatility, with the eventual expectation of higher prices.
Abcourt Mines Inc. (TSX-V: ABI) (OTCQB : ABMBF) is pleased to an... READ MORE
Highlights: Expansional results from the Mid-Level and Eastern Sa... READ MORE
NiCAN Limited (TSX-V: NICN) (OTCQB: NILTF) (FRA: W8Y) is please... READ MORE
Including 1,761,686 ounces of silver and 23,357 tonnes of zinc ... READ MORE
Drilling Intersects Multiple Zones of Shallow Gold Mineralization at the... READ MORE