Certainly the last non-farms being a trigger for higher metals was a surprise, maybe the market likes higher interest rates for PM's. I'm long a reasonable pile of the white stuff through tonight with a very lax stop (not getting stopped out at the lead up and if it drops I'll just buy more, under $14 I'll hold it open for months if I gotta). So what's everyone's guess, yay or nay?
Hedging against the crowded USD long trade. If the Fed were to not raise, gold and silver along with the AUD should see a decent jump. I'd still expect them to sell off if the Fed goes ahead with the hike. Again, it depends what Yellen says in the press conference after the decision in relation to forward guidance. How does a market react to a dovish rate hike? The first reaction may not be the longer trend. I'm waiting until after the decision to place my trades
These are up so the people in the know CAN MAKE MORE $$$$$$$$$$$ on the smack down that will come tonight. These wee spikes up will be twice as long when the go down Edit:For horrendous spelling