What will 1% rates in Australia do for Gold?? Macquarie sees...

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    What will 1% rates in Australia do for Gold??

    Macquarie sees interest rates risking 1%

    By Houses and Holes in Australian interest rates
    at 8:17 am on October 23, 2015 | 37 comments

    That risk case is, in reality, the base case for rates. Adding to the Mac Bank case, the iron ore price deck is in the process of taking another step lower. I’m not sure about November (and don’t care) but if the RBA does not cut before February it risks a nasty stall in the property market over the Summer and building downside momentum into Autumn.

    read the whole article here:
    http://www.macrobusiness.com.au/2015/10/macquarie-sees-interest-rates-risking-1/
 
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