Reversals Today In The Safe Haven Assets… Is It Noteworthy?

Chris Temple took some time out of his day to join me for the market wrap. Today was an interesting day in the sense that we began the day very much like the past couple weeks but how we finished was much different. Safe haven assets including gold gave up all their marginal gains of the morning and ending the day down. Gold stocks also took a beating. We also comment on the upcoming Fed meeting and the odds (which just jumped to 52% for a rate hike) on which a rate hike could happen.

(Audio length 00:9:17)

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Chee Hin Teh 7 years ago Member's comment

Thanks for sharing