ChristopherCarrollSmith

Time to take profit on gold, silver as interest rates stabilize

FX:XAUUSD   Gold Spot / U.S. Dollar
Interest rate forecasts have been headed toward zero for months, but they've reversed course after the payroll tax cut. Now that the Trump administration has found other tools for stimulus, it's likely that interest rates will hold steady. Time to take profit on gold (XAUUSD), silver(XAGUSD), long-term bonds (VGLT), real estate stocks (EWRE), and short positions on banks (FAZ).

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