Hints Of A Change

2019 will not hold what the consensus is expecting.

22
Fri, Nov 16, 2018 - 10:40am

It's a very busy morning. Lots of headlines and Comex gold saw some of the short squeeze we just wrote about back on Wednesday. But there are also some hints of a sea change of the sort that will drive prices back and much higher in 2019. Let's list a few of them.

As MrsF likes to say "in no random order"...

Let's start with this. Here's the WallStJournal editorial board stating that The Fed should hold off on a December fed funds rate hike. You want to see that year-end and January rally we've been discussing? A lack of a fed funds rate hike next month will do it!...

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Key Economic Events week of 12/10

12/11 8:30 ET Producer Price Index
12/12 8:30 ET Consumer Price Index
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11/28 8:30 ET Q3 GDP 2nd guess
11/28 10:00 ET New home sales
11/29 8:30 ET Personal Income and Spending
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Key Economic Events week of 11/19

11/20 8:30 ET Housing Starts
11/21 8:30 ET Durable Goods
11/21 10:00 ET UMich Sentiment
11/21 10:00 ET LEIII
11/21 10:00 ET Existing Home Sales

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