This was a good week for most asset classes, with both the best and the worst performances among the commodities. The big winner was coffee, which added 5.1%, reversing it's multi-week losing streak. Palladium took the biggest hit, falling 4.9%. The Fed's announcement of a quarter point hike in interest rates (which was widely anticipated) gave new strength to the USD, pushing it up 2.8%, more than any other currency except Bitcoin, which rose 4.2%.Read more .
Just in time for the holidays, my friends at Inflation Domination have created a new FREE eBook called Mining for Profits that includes a chapter from Priced in Gold titled "Investing outside the Matrix", where I look at how and why to use gold pricing to improve investment returns, strategies for counter-party risk free investing, and more. There are also chapters on alternative energy, evaluating mining stocks, and trading strategies for maximizing profits. My chapter includes a link to a bonus video going into detail on how to use gold pricing to supercharge profits when trading the stock market. It's FREE to all readers of Mining for Profits. Take advantage of this opportunity, and let me know what you think. Happy Holidays from the crew at Priced in Gold!