Some interesting moves in the market overnight - especially once Fed minutes out - i'm not surprised at all to see gold, stocks, bonds pull back after 'hawkish...

Jordan Eliseo

Some interesting moves in the market overnight - especially once Fed minutes out - i'm not surprised at all to see gold, stocks, bonds pull back after 'hawkish non-taper' by the Fed - would have been a sign of panic if they'd changed the minutes and too much - and they don't want it to be Captain Obvious that Yellen will keep the foot on the pedal indefinitely. But with consumer confidence down, retail sales poor, and both ADP and NFP employment weak (and trending lower), chances of a meaningful taper recede by the day Just finished weekly report into precious metals, Bob Farrell's 10 rules of investing (and rule number 9 might mean for gold in the next few months), the RBA and an unhappy anniversary celebrated this week! Available below (VIEW LINK)


Jordan Eliseo

ABC Bullion Chief Economist. Gold bull since early 2000s, have spent +20yrs working in investment analytics, research & portfolio construction. Author of two books on investing in gold and causes of the GFC. Lover of markets, competition & technology

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gold economy taper

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