NCM Chart, page-280

If the Fed raises rates, it means inflation is too high, high inflation is great for gold. ST we see a small knee jerk reaction to the price of golf, but if you had to give a strong fundamental reason for holding gold, it is primarily held for investors to maintain the true real value of their wealth.

Added the economic/political uncertainty, Gold is way undervalued and so is NCM. In my opinion there is great buying at these prices