$GLD, $CU, $USO, $OIL
Crude Oil prices are up here for a while it seems, as the impact of US sanctions on Iran will be felt into the end of Y 2018, now working on Y 2019 forecasts.
From a geopolitical perspective combined with continued OPEC compliance, the path of least resistance looks North.
Some see the middle east ready blow up again, I do not see that.
The US CPI headline suggest that the Fed will maintain a dovish pace of interest rate normalization, which is providing some shine to the Gold market in here.
Have a terrific weekend
Latest posts by Paul Ebeling (see all)
- David Hockney’s “Portrait of an Artist (Pool with Two Figures)” Hammered for $90.3-M - November 18, 2018
- Check Out These Terrific Thanksgiving Holiday Trips - November 18, 2018
- F1: Ferrari (NYSE:RACE) Team Management ‘Shakeup’ Coming - November 17, 2018