The Fed hiked rates and gold shrugged it off | Presented by Guildhall Wealth - Rebel News
SPONSORED SHOW | Request your free requester kit at https://GuildhallWealth.com/Rebel | On this episode of The Real Money Show, presented by Guildhall Wealth: The Fed and Japan both raised rates a quarter point, the dollar climbed, and gold and silver still erased their losses. Why did the metals shrug it off?Silver dipped to roughly $62 earlier in the week, then climbed back to $67 and is testing $70. Tether, the largest stablecoin, is buying physical silver through an El Salvador affiliate and leasing gold and silver out for financing. Samsung is heading into production on a battery that uses a kilo of silver. And the U.S. government's gold is still carried on its books at $42 an ounce, though it's now worth more than $1 trillion.
Rates rose. The metals didn't blink. Jeremy Wiseman and Jerry Correia break it all down.
Visit http://GuildhallWealth.com/RebelNews to learn how to protect your savings with physical gold and silver. Receive SMS online on sms24.me
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