Technician Gary Dorsch: Fed Likely to Raise Rates Several Times This Year

Jim welcomes back technician Gary Dorsch, editor of Global Money Trends. Gary sees the markets still trading in step with crude oil, as both have rebounded nicely from January and February lows this year. He believes the Fed will raise rates at the April meeting this year, and likely, at least, one more time after that. Gary thinks the Fed is content to keep the markets in a sideways trading range as it raises rates, and it will speak in a dovish or hawkish manner as needed. Gary also gives his outlook for gold and mentions some key catalysts for its recent upward move. Also in this segment, Ryan Puplava has this week’s Market Wrap-up, and Frank Holmes covers metals and commodities with Jim.