Market historian and author, Mr. Bob Hoye (chartsandmarkets.com) comments on today's FOMC rate hike (.25bps) and outlines an enticing case to accumulate mining shares!
5.20 - Markets are rebounding, including commodities; however, by summer Bob expects a reaction.
9.45 - Gold and precious metals stocks offer unique dividend yield benefits in tandem with explosive upside potential.
15.02 - Junk bond rates and T-bill rates could decline.
16.00 - Treasury Bonds, LT could continue higher.
16.45 - The Fed Reserve may require reformation.
17.00 - The panacea may involve the return of a gold standard.
19.45 - Junior precious metals mining shares appear solid.
21.45 - International junior precious metals stocks could offer extraordinary capital gains.