buy gold and silver bullion

Tuesday, May 8, 2018

Powell Fed Delays Next Rate Hike Because US Dollar Index Breaking Out & Inflation Worries?


Jason Burack talks about why he thinks the Fed decided to not hike rates this week and may wait until June. Jason thinks it's because the Fed is watching the US Dollar Index break out from a textbook bullish inverse head and shoulders chart pattern the last few months and the Fed is worried that raising rates again too soon may strengthen the US Dollar Index too quickly.