Gold Rises As the Fed Ponders Rate Cut

federal reserve building
Written by Mike Hammer

What a whacky world we live in.  Once upon a time, the Federal Reserve’s job was to make sure banks were stable institutions that people could trust.  And, to a lesser extent, to keep an eye on the entire US financial “system” – if there is such an organized thing! – and make policy recommendations to help prevent a recurrence of the 1929 economic crash.

(Don’t worry – we’ll get to the gold.  Just sayin’.)

Nowadays, any time… Continue reading at StockNews.com

About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as continuing themes. Mike graduated with a business degree and spent years as a financial advisor, before moving to New York and to pursue a career in IT and education. For more than a decade Mike has been working with the Adam Mesh Trading Group as a stock market and commodities mentor. He’s trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to educational webinars.

Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keeps him in touch with "the student mindset".

Mike focuses on the precious metals markets, the energy industry, and the financial sector. His motto is "Plan your trade, then trade your plan!"

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