Equities Rally – Gold Dips September 13, 2017 Walter Pehowich will be back with Friday’s commentary, today’s comments come from a senior Dillon Gage Staffer. After gold reached a one-year high last Friday, profit-taking opportunities have followed, leading the yellow metal into downward technical correction territory late Tuesday. As of this morning, gold prices dropped about $10 more and are hovering at $1,321. Meanwhile, the Dow Jones Industrial Average jumped up over 60 points, leading a rally in the equities market. Before we go a step further, let’s revisit the latest in news from North Korea. After a fresh set of sanctions were slapped on the isolated country, banning textile exports and capping fuel supplies, the Democratic People’s Republic of Korea (DPRK) replied on cue with their latest fiery rhetoric. North Korean ambassador Han Tae-song was quoted stating, “…the regime is ‘ready to use a form of ultimate means’ and that the forthcoming measures will make America suffer the greatest pain it has ever experienced in its history.” It seems that one of two things will happen next: either the North Koreans are going to run out of hyperbole or launch another missile. The next market-moving event should be the release of Thursday’s consumer price index report for the month of August, expected to feature a rise of 0.4 percent. In turn, it seems that reports of low inflation in the U.S. and EU could keep the Fed from tightening monetary policies. We’ll know much more after next week’s FOMC meeting. Until then, stay tuned and have a wonderful Wednesday… Disclaimer: This editorial has been prepared by a Dillon Gage Metals senior staffer. This document is for information and thought-provoking purposes only and does not purport to predict or forecast actual results. It is not, and should not be regarded as investment advice or as a recommendation regarding any particular security, commodity or course of action. Opinions expressed herein are current opinions as of the date appearing in this editorial only and are subject to change without notice and cannot be attributable to Dillon Gage. Reasonable people may disagree about the opinions expressed herein. In the event any of the assumptions used herein do not come to fruition, results are likely to vary substantially. All investments entail risks. There is no guarantee that investment strategies will achieve the desired results under all market conditions and each investor should evaluate its ability to invest for a long term especially during periods of a market downturn. No part of this editorial may be reproduced in any manner, in whole or in part, without the prior written permission of Dillon Gage Metals. This information is provided with the understanding that with respect to the opinions provided herein, that you will make your own independent decision with respect to any course of action in connection herewith and as to whether such course of action is appropriate or proper based on your own judgment, and that you are capable of understanding and assessing the merits of a course of action. You may not rely on the statements contained herein. Dillon Gage Metals shall not have any liability for any damages of any kind whatsoever relating to this editorial. You should consult your advisers with respect to these areas. By posting this editorial, you acknowledge, understand and accept this disclaimer.