Skol, you are right as usual. There is a strong negative correlation between Gold and Interest rates. Interest rates down Gold up and vice versa.
As can be seen below. The top table shows correlations over 2 yrs the table below shows the same over the current 3 mth period.
Periods of deviation are normal but the link between interest rates and gold is undeniable. When (not if) debt buyers demand a higher interest rate then gold will plummet.
- Forums
- Commodities
- GOLD
- gold
gold, page-54286
-
- There are more pages in this discussion • 74,054 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online