gold to come under pressure, page-30

  1. 4,263 Posts.
    lightbulb Created with Sketch. 11
    re: gold ......... for the followers Alpha apart from agreeing with your last 2 paragraghs
    here's my 2 cent worth......
    The USA whilst already in deficit will be much more in the red following this bill of personal endeavour to secure another term and get what voters not already on his side and put a ONE next to bush's name come voting day
    Yes, you've got it this more political than efforts poored into the upcoming war(unfortunately!)
    The package announced last night i believe will be the catalyst to start driving interest rates in A upward momentum
    Gold to sell off & fund mgrs switch to stocks as they will be the only ones to significantly benefit from any tax breaks
    As for oil well that depends on what happens o/seas
    Generally with an increase in interest rates cpi will rise
    and this will lead to more punters being chucked onto the scrapheap so mgrs can meet forecasts!

    But then again this is just my opinion
    I am not an advisor
    Please read the red stuff down below
    cheers!

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.