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The FOMC Releases Their Minutes Wednesday at 1pm Central

In the gold market, we're down half a percentage point. The market's got stiff resistance up at $1958.30, the 18-week MAC and I'm going to repeat: I love to put these averages on a chart because you learn how to work with them.

The gold market is fighting high interest rates. Do you know what mortgage rates went up to? 30-year fixed is 7.26%. You know what you can get on a 2-year, 4-year, 5-year, 10-year? You're over 4%, near 5% on some. So why do you own gold? I've been adamant about that. 

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