Gold price tanks as Powell is about to ‘overtighten’, cause ‘panic in U.S. equities’ – Phil Streible

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The Fed will overtighten with approximately nine 25-basis factor comparable walks this year, claimed Phil Streible, primary market planner of Blue Line Futures.

Streible told David Lin, support for Kitco Information, that gold will likely trade sideways in the medium term.

#gold #Fed #economy
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