Gold Miners Hit a Potential Floor Ian Culley July 24, 2023 From the Desk of Ian Culley @IanCulley Here comes the Fed. Another FOMC decision is upon us. But the market has the central bank’s number this time, or so it seems. The fed fund futures are pricing in an almost certain chance we’ll see a 25-basis-point rate hike come Wednesday. With general consensus running at all-time highs, the focus will shift toward Jerome Powell’s words, basically the Fed’s forward guidance. I won’t tune in to that press conference. What I will do is monitor price. When it comes to precious metals I’m following absolute trends, as usual, but I’m also tracking these two critical relative trends… You need to have a subscription to access this content in full. Log in or subscribe Share Article Filed Under: Premium, ASC, Gold, Ian, Gold Rush