Flash Gage: Gold Reax Fed Minutes Summary October 11, 2017 Fed minutes released just released. Here are the highlights: Fed is worried about low inflation. Fed participants divided on whether to raise rates in December . Some Fed governors say raising of rates should be deferred until raising inflation figures can be confirmed. The Fed is still committed to reducing the balance sheet. Results/Reactions: CME Watch tool now at 86 percent after showing a high most recently at almost 98 percent for a rate hike in December. Two points worth mentioning after the news was released by a news commentator. He said, this news should benefit the equity markets. Continued low interest rates will give the majority of retirees no choice, but to take risk more looking for higher yields. Gold rallies a few dollars after the news. Enjoy the rest of your day. Disclaimer: This editorial has been prepared by Walter Pehowich of Dillon Gage Metals. 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.