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Gold And Silver About To Make A HUGE Breakout?
goldsilverworlds.com / Gold Silver Worlds / September 30, 2015
FOMC members keep on repeating, like a mantra, that the Federal Reserve wants to hike interest rates still in 2015. Although the media is ‘hanging on the lips’ of the FOMC and U.S. Fed, it seems that the market has some other thoughts. Whatever happens in the ivory tower of central planners, rate hike or not, their mantra is going on for 5 full years now. No surprise that the market is transitioning in a state of disbelief.
One of the consequences of the rate hike hype was the crash of precious metals prices in 2013. The market truly overreacted, and sent gold, silver and miners into a truly epic bear market state.
Meantime, it seems that the precious metals complex is stabilizing. Given the growing disbelief in the interest rate hike, even precious metals bears are leaving the arena. As explained earlier this week, the number of bullish gold indicators is growing rapidly, suggesting a trend change is close.
The post Gold And Silver About To Make A HUGE Breakout? appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/10/01/gold-and-silver-about-to-make-a-huge-breakout/
