The price of gold continues to retreat
Gold was down about $12 today; it closed around $1310
The dollar index up again as more and more people begin to contemplate the possibility of a rate hike in either September or December
Or maybe even both, because the odds of a rate hike, either in September or December have now increased to about even money
If you go back to June, the odds were practically zero
What has changed in the last couple of months?
The only thing that has really happened is that you’ve had various Fed officials going out of their way to mention that […]
Podcast: Play in new window