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Fed FOMC Meeting a Dud Compared to DNC – Peter Schiff

To the surprise of no one, the Federal Reserve’s FOMC didn’t raise rates today.  They dished-out the usual pablum about a strengthening job market.

TND Podcast Spotlight:  Peter Schiff Podcast

Gold was up about six bucks before the FOMC statement release, and declined in response to the hawkish Fed tone.  But gold turned around, shooting higher later in the day.  Schiff believes the markets are seeing through the Fed’s bluff to raise interest rates.

Source: Peter Schiff YouTube Channel

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