Gold Dumps On Fed News As Markets Price In June Rate Hike

Gold takes it on the chin as the markets interpret the FOMC Announcement yesterday to keep a June rate hike fully in play. Furthermore, silver continues to lose to gold via the gold silver ratio. Lastly, copper prices sink off of a stunning 32% increase in LME Warehouse Stocks.

Courtesy of https://www.iraepstein.com/

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The 1849 Gold Rush sped up California's admission to the Union as the 31st state in that year.
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