CT Gold Buyer. Paying top dollar for gold over 30 years

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Gold pop then drop as FED makes decision.

Posted on September 16, 2015 at 11:51 AM
This week for 9/16-9/17 the FED is in session to finalize the decision of raising interest rates. They haven't raised rates since 2006. If they do raise rates it will be great for the consumer and the stock investor because historically a rate hike proves to strengthen the dollar and show marked gains in stock returns.

 However this is not so great for those of you looking to cash in your precious metals. This week will show high gold prices but when and if the Fed raises interest rates you can see a drop in gold prices and an eventual stabilization for the coming year. I recommend a quick sell off then a lengthy hold and just purchase.

Categories: gold buys

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