Unlike August, September may not be an easy month to trade and invest. In the first half, US budgetary issues, pre FOMC speculation and political risk will drive financial markets. After the FOMC meet, early movers will start betting on global interest rate hikes for 2018, the US economic health till the first quarter of next year, and the UK exit from Eurozone news. As long as Trump remains the president of the USA, gold, silver and bitcoins will trade with an overall bullish direction. Winners will be there who are able to correctly judge the pace of rise and pace of fall. Overall the past few months, I am hearing calls for a sharp correction in US stock markets. I have yet to see one.
This post was published at GoldSeek on 1 September 2017.
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