The bond market is currently indicating a rate hike from the Federal Reserve this year, according to Todd "Bubba" Horwitz of BubbaTrading.com.
" I assume they're mosting likely to be compelled, by the bond market, to elevate prices this year. I assume that they're also much over their skis, and they're essentially as well unaware regarding what is taking place in the economy," Horwitz told David Lin, support for Kitco Information.
0:00 – Fed tapering a "likelihood".
5:00 – Market responses.
7:56 – Taper temper tantrum.
10:20 – Gold vs electronic currencies.
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