Rate Hikes are Bullish for Precious Metals? with WallStreetSilver
The general consensus is that rate hikes are bearish for precious metals since gold and silver do not produce a yield. However, history shows us the opposite, as the metals tend to sniff out the future of monetary policy and have already priced in what is happening right now. Given this fact, the federal reserve's position of tightening into a slowing economy looks very bullish for the metals moving forward.
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