The bond market is already signaling a rate hike from the Federal Reserve this year, according to Todd “Bubba” Horwitz of BubbaTrading.com. Video by Kitco NEWS.
“I think they’re going to be forced, by the bond market, to raise rates this year. I think that they’re too far over their skis, and they’re basically too clueless as to what is going on in the economy,” Horwitz told David Lin, anchor for Kitco News.
0:00 - Fed tapering a "probability"
5:00 - Market reactions
7:56 - Taper tantrum
10:20 - Gold vs digital currencies
