First published by Money Metals here:
https://www.moneymetals.com/news/2016/05/31/bull-market-correction-ending-000873
The rally in the U.S. Dollar weighed on precious metals markets once again over the past week. Investors are preparing for another Fed rate hike, perhaps as soon as June. There was good news in the U.S. housing markets, and a modest upward revision in 1st quarter GDP to bolster the case for continued economic recovery, and thus the case for tightening interest rates.
