The Dollar rebounds on Tuesday, but Gold & Silver ignore the Dollar move.
The Dollar rebounds on Tuesday, but Gold & Silver ignore the Dollar move. Chuck gives the Bank of Canada a memo. Good Day... And a Wonderful Wednesday to you! Well, it did indeed look as though my beloved Cardinals were dragging the line in Monday's game, as their bats returned last night, and they beat the Reds 7-1... I love it when the team plays in the Eastern Time Zone, as the games end at a decent hour for me! Bill Withers greets me this morning with his song: Lovely Day...
and that could mean a rate cut, but then yesterday, April inflation rose, marking the second consecutive month a rising inflation and thus pointing to keeping rates unchanged or maybe even raising them!What to do, what to do?I think the Reserve Bank of Australia will remain vigilant about keeping rates high to combat inflation, and that would mean that the A$ buyers are warranted int pushing the A$ higher...
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