Federal Reserve raised interest rates this week. Let’s discuss how far off the Fed is from normalization and what are the risks of raising the rates significantly further. The chart below shows how far away the Fed is from normal.
A 5.03 pink diamond was auctioned at Bonhams this week. It’s estimate was between $800,000 – 1Mil USD and it sold for $2.88 Mil USD.
Mike Larson is a senior analyst at Weiss Ratings ( http://www.weissratings.com) , as well as the editor of Weiss’ Safe Money Report and Under-the-Radar Stocks newsletters. Larson talks about all of the risk factors in the economy and markets that make an investment in gold a prudent decision at this time.
Rare Pink Diamond to Go Under the Hammer
View the diamond and the GIA report here. Bonhams : A fine fancy pink diamond