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Gold's an 'All-Weather Hedge Against Whatever Happens Next' as Fed Decision Nears
On the eve of the September interest rate meeting, a report ignited expectations of a 50 basis point interest rate cut, causing stocks, gold, and bitcoin to all rise.
"New Federal Reserve Communications Agency" article stated that Federal Reserve officials are considering whether to cut 25 or 50 basis points. Futures linked to the Federal Reserve's policy rate indicate that traders on Friday expect the probability of a 50 basis point rate cut by the Federal Reserve to rise to 47%, with a close to 50/50 chance, while the probability estimated on Thursday was only 28%.
Barrick Gold (GOLD) Surpasses Market Returns: Some Facts Worth Knowing
Barrick Gold Options Spot-On: On September 13th, 72,740 Contracts Were Traded, With 1.41 Million Open Interest
Gold: Final Test Before Takeoff? [Video]
Gold Is Going Higher [Video]
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TechWhiz : Bitcoin or Gold: Which is the Better Long-Term Investment?
EZ_money : silver mining companies took off
EZ_money : Bitcoin is not a real asset
Stock_Drift OP EZ_money : Ok.
EZ_money Stock_Drift OP : well, unless you consider machine language an asset.... that anyone can write and design