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As Dollar Weakens, Get Ready for Strong Gold

Posted by Metals Corporate on

By John McDonald Despite lower unemployment rates than the United States has seen in the past half-century and strong market performance for nearly a decade, the Federal Reserve recently opted to trim interest rates for the first time since the global financial meltdown of 2008. Jerome Powell, Fed chairman, cited stalled manufacturing growth and anticipation of a “world economic slowdown” as reasons for the cut. While the rate-cutting has a number of analysts in a tizzy, gold investors should be watching the Fed’s move with excitement.  It is likely just the catalyst gold needs to outperform the market and replicate...

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