Gold Always Rallies Into Third Rate Hike

Before the last two rate hikes, gold got slammed down leading up to the rate hike, which means everybody expects the same thing to happen again leading up to the June 15th rate hike... and this time the opposite will happen.

This is what happened in 2004 and 2017 during the last two rate hike cycles.

Leading up to the third rate hike of the last two rate hike cycles, gold rallied big both leading into and after the third rate hike (the opposite of the first two hikes of the cycle).