Fed keeps rates low, but not for long; here’s when rates rise, markets correct – Phil Streible


The Federal Open Market Committee (FOMC) has kept interest rates low for now, but Phil Streible, chief market strategist of Blue Line Futures, said that it won’t be long until tapering begins, which would pose a major risk to equity markets.

“Next meeting you’ll start to hear about tapering and there is wide speculation on like when they’re going to finally raise rates, it’s like December 2022, and then March 2023,” he said.

0:00 – FOMC statement
2:00 – 10-year yield
5:49 – Silver
6:50 – Earnings
8:52 – Fed tapering
10:30 – Oil

Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/

Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

Finding Wealth With Gold

Throughout history gold has always stood the test of time as a safe, solid investment. But is it still a safe investment taking into consideration how weak the economy is at present?

5 Reasons Why Gold Is Still A Buy?

There are a lot of analysts out there screaming to short gold. And many investors are wondering if they have a point. But is gold really about to crash?

Investing in Gold – The Best and Safest Way To Get Started

One of the most talked about and growing trends in Investing and financial protection is Gold. Whether it’s investing in gold or trading gold, this is quickly becoming a hot topic for anyone concerned in his or her financial future. This article talks about how to get started in investing in gold.

American Gold Buffalo Coins

The Gold Buffalo coin, also known as the American Buffalo, was first made available to the public in June of 2006 by the United States Mint. The coin was designed with the iconic images from the Indian Head nickel designed by James Earle Fraser that was issued in 1913. The Gold Buffalo marked the very first minting of a 24 karat gold coin by the US Mint.

Buy Silver Coins – Why Silver Is Now The Investment Of Choice

The premise of my article is to the importance of silver in the commodity market as an increasingly prominent investment choice. If you buy silver coins regularly you can begin to realise the fortunes that will grow in the near future.

The Three Phases of Every Secular Bull Market in Gold

In the early years a rising gold price is greeted with suspicion, doubt and often complete disbelief. The market is dominated by speculators and traders seeking relatively quick short term profits. Although gold may double or even triple in price during this phase (which can last five or more years) the price is subject to periodic violent selloffs of 20%-30% as short term traders are easily routed by the bullion banks. During this period gold bullion dramatically outperforms gold mining stocks as the market is disciplined to distrust the rise and avoid buying assets in the ground. Indeed, most investors completely avoid gold during this period.

Where Can I Sell Gold Jewellery?

In my experience there are various basic questions you should ask any prospective buyer. You have decided on selling your jewellery online but you are determined to obtain value for money. Places that buy gold are plentiful with virtually all offering the best price on receipt of your valuables.

Why Investing In Silver In Today’s Uncertain Times Is An Absolute Bargain

Hi there. If you’ve been looking at an investment that would ideally fit your goals and desires then I’m proud of you for doing so. It’s said that most people spend more time planning their holiday than their retirement. Today I’m here to tell you why investing in silver is going to be a very profitable technique for leveraging your personal wealth in the future.

The Work That Goes On In A Precious Metal Mint

The national metal mint is an important organ of any state because it guards and protects the well-being of the country. The main responsibility of a metal mint is to produce coins; therefore, great significance is attributed to precious metals, such as, gold, silver and platinum, materials which are usually used for the manufacturing of coins.

Is Hyperinflation Helpful In Any Way?

The prices of the products we buy are getting bigger and bigger, every day. It’s impossible to memorize them, because they will grow anyway. The value of the goods purchased last year is not the same as the current value. They’ve got more expensive meanwhile. It’s true that now you earn more, but with this money you can buy relatively the same things. We hear the older generations talk about the expenses they had when they were young.

You May Also Like