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Topic: Fed Does Nothing: Gold and Bitcoin to Benefit? - page 2. (Read 968 times)

legendary
Activity: 2940
Merit: 1865
September 21, 2016, 03:33:25 PM
#1
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Our pals at the Federal Reserve did nothing (ie, did not raise interest rates from the close to zero where we are now).  Their infamous "dot plots" (member predictions of rates for the next couple of years) show their expectations of rates for a long time.  Low!

One would think this will benefit gold (approx. $1335 now) and Bitcoin ($600).

Any guesses?
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