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Since When Is A Little Rate Hike Years From Now Hawkish?
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Economist Rips Fed s Hawkish Rate Hike
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Since When Is a Half-Point Rate Hike (2 Years from Now) Hawkish ? – Investment Watch
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This Is Why Some Experts Think The Recent Gold Price Dip Isn t A Buying Opportunity
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February 10, 2021
As Bitcoin rises and the U.S. dollar starts to show signs of weakness, gold is hanging back, watching it all unfold. If State Street analysis can hold up, $2,300 gold prices aren’t out of the question, which will boost the
“In a recent interview with Kitco News, George Milling-Stanley, chief gold strategist at State Street Global Advisors, said that he is not disappointed with gold’s recent price action as the precious metal saw its first negative start to the year since 2013,” a Kitco News report said. “He added that gold’s consolidation pattern is helping to remove some of the froth from the marketplace after gold prices pushed to record highs above $2,000 an ounce. He explained that last year gold prices rallied more than $500 an ounce to the new record, and it’s going to take some time for the market to adjust to a new price paradigm.”