Gold Up 2.6 Percent on Interest Rate Report

Gold Up 2.6 Percent on Interest Rate ReportGold Silver Reports ~ Gold climbed to its highest in almost nine months on Thursday as the dollar, U.S. Treasury yields and equity markets dipped on bets that the Federal Reserve could find it hard to raise U.S. interest rates this year.

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Gold Uptrend to Start For The Year of 2016-2017

Gold Uptrend to Start For The Year of 2016-2017Gold Silver Reports ~ We have been predicting for months that the FED would not be able to raise rates as aggressively as the market was expecting. Thus, we have been long gold and mining stocks believing that a reset in expectations for how fast the FED would raise rates would be bearish for the USD and bullish for gold.

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