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Edward J. Webb

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Posts posted by Edward J. Webb

  1. Fed Chairwoman Janet Yellen recently reiterated the central bank’s plans to increase borrowing costs this year, prompting traders to adjust their expectations for the path of U.S. monetary policy and its impact on gold prices. Higher interest rates also tend to support the dollar DXY, +0.07% which is bearish for dollar-denominated prices of gold.

    Bearish me friens, only bearish.:missy:

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