Incoming US jobs numbers suggest robust consumption and growth. A December interest rate hike by the Federal Reserve has been factored in by the markets. There can be two interest rate hikes before March of next year if the US economy adds over 180,000 jobs every month in the October to December period. The only risk is that instead of Yellen some moron is made the Federal Reserve chief. I am bullish on gold and silver on an overall basis for the next six months as war loving American politicians will never digest peace for long. Geopolitical risk will rise and will continue to support gold and silver at lower prices.
The world will move from 4G technology to 5G internet technology in the next five years.
This post was published at GoldSeek on 5 October 2017.
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