NFTRH Update, Post FOMC: Precious Metals & Stock Market

Yellen Speaks

I had to go out for the rest of the day right after the FOMC release.  I came back to a fairly unsurprising mess in the precious metals, and a negative stock market. It turns out I missed the market’s little fit as Janet Yellen hinted that the Fed might raise the Funds rate a little sooner and a little more steeply than the market had anticipated.  A little.

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