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Gold And Silver Take A Back Seat To The Dollar This Week (That’s Not A Good Sign For The Metals)

Summary:
Monday through Wednesday are going to be busy: There’s market moving data in Retail Sales, Industrial Production and Housing Starts. Additionally, twice a year the Fed Chair goes before congress in what is called the Humphrey-Hawkins Testimony, so on Tuesday Powell gets to play tee-ball with the Senate, and on Wednesday he will also be playing tee-ball with the House. On the economic calendar, the week ends with much less action: Geo-politically, today is the Trump-Putin Summit. CLICK HERE TO READ THE REST OF THIS OUTLOOK ON SILVER DOCTORS

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Monday through Wednesday are going to be busy:

Gold And Silver Take A Back Seat To The Dollar This Week (That’s Not A Good Sign For The Metals)

There’s market moving data in Retail Sales, Industrial Production and Housing Starts.

Additionally, twice a year the Fed Chair goes before congress in what is called the Humphrey-Hawkins Testimony, so on Tuesday Powell gets to play tee-ball with the Senate, and on Wednesday he will also be playing tee-ball with the House.

On the economic calendar, the week ends with much less action:

Gold And Silver Take A Back Seat To The Dollar This Week (That’s Not A Good Sign For The Metals)

Geo-politically, today is the Trump-Putin Summit.

CLICK HERE TO READ THE REST OF THIS OUTLOOK ON SILVER DOCTORS
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