The first was how he cautiously stressed not making an “ill-timed policy move,” indicating “The timing and pace of the coming reduction in asset purchases will not be intended to carry a direct signal regarding the timing of interest rate liftoff, for which we have articulated a different and substantially more stringent test.” Therefore when they reduce their bond purchases, it does not mean they will immediately raise rates.
As a Gold and Silver investor, you want to see a prolonged recovery in the labor market, leading to a lengthier trajectory of the recent price recovery.
We would look to a gold target of 2100/oz, which would allow for a profit of $14,800.” If you would like to learn more about the strategies we are implementing or learn more about technical analysis, we created a guide to provide you with all the steps to create an actionable plan used as a foundation for entering and exiting the market.