Craig Hemke joins me to look ahead to next week’s Fed meeting and most likely rate hike. 4 of the last 5 times gold the rate hike has put a bottom in the gold price and resulted in a nice rally. The questions we leave you all with is how many rate hikes so you think we will see this year?
We also look at the Larry Kudlow’s recent comment to sell gold and buy “king dollar”. We discuss the rational behind this comment and if the market will take notice.
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Here is a gold chart breaking down the timing of rate hikes and gold’s reaction.
