Akkam’s Razor

Gold is currently trading WELL above $500 per ounce.  While not historically high, the real value (adjusted) of gold has doubled in the last four-years.  Steve Forbes has previous commented that gold above ~$300-400 is an indicator that the Federal Reserve is not doing enough as far as interest rate hikes.  The Fed, however, is signaling that the most recent increase is the end of its measured progression of increases.  That’s especially curious, and is likely a signal by the Fed to motivate investors and “create” some momentum.