Buy Gold, Get Free Gold + Market Updates
Federal Reserve Governor Christopher Waller said he supports beginning interest rate cuts at the Fed’s September 16-17th meeting starting with a 25-basis-point reduction as early signs of labor market weakness appear. He expects rates could be lowered by a total of 1.25% to 1.5% over the next three to six months moving toward a “neutral” level near 3%, well below the current 4.25-4.50% range.
The rate cut expectations and President Trump’s attempt to fire Fed Governor Lisa Cook who is accused of mortgage fraud sent gold prices climbing last Friday. Gold prices rose 0.9% to $3,446.27 per ounce, not far from its record high last April. Central bank demand for bullion is also expected to remain strong, adding support to higher future gold prices. Silver also gained alongside gold.
Historically rate cuts usually lead to gold prices skyrocketing. Don’t wait until that happens. Buy gold now! Plus, this week Goldline will give you a FREE American Eagle gold coin with your qualified 1/10 ounce American Eagle gold coins purchase.
With each tube (50 coins) of 1/10 ounce American Eagle gold coins purchased, you will receive one (1) 1/4 ounce American Eagle gold coin at no additional cost. Please note, this offer does not qualify for IRA purchases.
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Below you can find news that may be influencing your investment decisions.
