~*~Mining and Metals Du Jour~*~

[NYBob]

Dr. Paul Craig Roberts Phd. On The Real Money Show Aug 9th -

http://www.youtube.com/watch?v=ybY4CSBvtX0

CALVF Point & Figure View Bullish Price Objective $4.38/sh. -





When the Fed start raising rates -

Gold rise in market price -

When Fed was tightening -

Gold was indeed rising in value simultaneously -

Ex.
From June 30, 2004 to June 29, 2006 the Fed hiked the Fed funds
rate 425 bps, from 1.0% to 5.25% -
Over that same period, gold rose from $392.10 to $599.10,
a gain of 52.8% -

From June 30, 1999 to May 16, 2000 the Fed hiked the Fed funds
rate 175 bps, from 4.75% to 6.5% -
Over that same period, gold rose from $261.25 to $275.30,
a gain of 5.4%.

And then perhaps most notably (and obvious):

The Fed began a very aggressive tightening campaign in August
of 1977 to reign in the rampant double-digit inflation of the
1970s -
Prior to that first rate hike, Fed funds stood at 4.75% and
gold was trading in the $130 to $150 range -
By March of 1980, the Fed funds rate stood at 20.0% -
a rise of an astounding 1,525 bps.

In January of 1980, gold reach an all time high of $850.00 -
An equally astounding rise of 507%! -

another significant cycle saw more than 1,000 bps in tightening
from the spring of 1972 into the summer of 1974 -
Gold nearly tripled in value, from less than $50 -
to nearly $140.00.







Presentation Expanding, Low-Cost, Zimbabwean Gold Producer -



http://www.caledoniamining.com/pdfs/CALPres-05272014.pdf

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103632980

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104251134

http://www.caledoniamining.com/
God Bless