The Next Rate Hike

Just three weeks ago, it appeared that The Fed's rate hike cycle was complete and the odds of another hike in June were at 0%. Today, those odds are greater than 50% and the impact has been frustrating for all of us in the precious metals and mining shares.

The actual odds are now 57%, which is up from about 45% just yesterday. See below in this tweet from DDB:

A 57% probability of a June 14th subsequent ⁦ @federalreserve ⁩ 25 bps hike.

ERC $...

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Key Economic Events Week of 12/9

12/9 10:00 ET Wholesale Inventories
12/10 8:30 ET Productivity
12/11 8:30 ET CPI and Core CPI
12/11 2:00 ET Monthly US budget
12/12 8:30 ET PPI and Core PPI
12/13 8:30 ET Import Price Index