There's a huge policy mistake within the actions of the Fed, says Paul Nolte of Kingsview Investment Management. He doesn't think we will get a 50 basis point rate hike in March. He says the bond market is believing a recession is on the horizon. He is looking at the longer-term chart of crude oil (/CL) and 100 seems to be the magnet. Paul explains how gold (/GC) is used as a hedge, and says looking back, it is acting as a Dollar hedge.
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