Rates Up, Gold Down
Yes, the real rate of interest matters to gold. But not as much as its direction… Wall Street and the City are coming to decide that gold is a sell. Because interest rates, they reason, are set to rise sooner than they used to imagine. This professional money is only half-wrong. Central banks aren’t about [...] View the full post at: Rates Up, Gold Down Related posts: Central Banks Around the World Cut Interest Rates Is the Gold Market Headed for a Bubble? The Rise in Long-Term Interest Rates: Good and Bad News
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