Dollar Can’t Stay Suppressed Forever - Expert
New York (Apr 5) The U.S. dollar has been artificially suppressed by the Federal Reserve and is due for a breakout, said Todd “Bubba” Horwitz of bubbatrading.com. “The reason they’re doing that is to keep interest rates artificially low, even though our rates are rising and the Fed has just hit a hike,” Horwitz told Kitco News.On precious metals, he said that gold is likely to trade range-bound in the short term, but silver looks promising.“I do like the trade now, short gold, long silver,” Horwitz said.
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