Not even FOUR MONTHS AGO, the Chinese government and the U.S. administration signed the HISTORIC Phase 1 trade deal. The biggest concern that markets had on the geopolitical front, ASIDE FROM BREXIT, was over.
It doesn’t get ANY BETTER than this. The GDX, which is our FAVORITE Gold Miners ETF, is trading at a 52-week high, as well as BREAKING OUT above its 2016 high. In fact, it is trading at 7-YR HIGHS right now!
In their latest statement, right before FED chairman Jerome Powell is set to talk before congress, the bank is now looking to adjust the way it measures inflation.