Topic: FED Leaves Rates Unchanged - Gold Holds, DOW Falls, Oil Continues Up (Read 98 times)
This is expected and I don't know if this actually affect bitcoin too as the market price remains in ranging trend not like oil that went up for the past three days. I think time is coming when governments monetary policy will start to affect cryptocurrencies market. Commodities and forex was the one affected by FED news now.
May 17, 2018, 02:01:31 PM
All commodities are beginning to break out, the next great super cycle for hard assets is approaching.
May 07, 2018, 03:20:35 PM
Central banks across the world are shying away from raising rates, due to the fear of spooking the markets. But they will have limited flexibility when the next crisis strikes. Oil is increasing in price, most commodities are rallying and very soon inflation will become high as well. Then Central banks will have no choice but to increase rates
May 07, 2018, 03:14:34 PM
The FED leaves rates unchanged after yesterday's FOMC meeting. Jerome Powell left rates as is but caused market confusion as some think that the FED is spooked. Gold held its 1304 level, the DOW continues to show weakness as it compresses downward towards a decision point. Oil continues upwards. Goldman Sachs' workforce is now made up of 9,000 computer engineers, signs of the times to come.
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https://goldsilvernews.blogspot.com/2018/05/fed-leaves-rates-unchanged-gold-holds.html
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