Caledonia Mining Corporation (CMCL)

[NYBob]

Do we hear, “higher interest rates will kill gold and silver”.
Without going into a full writing on this, it simply is not true.

Interest rates did nothing but go higher during the 1970's when

by 1980 gold traded up to $850 and silver $50.

What killed gold and silver were 15-20% interest rates -
competing with and popping the frothy bubbles.

America could “afford” these higher rates back then because -
we were not already leveraged up.
Corporations weren’t leveraged, neither were individuals.

The Treasury was not highly leveraged with well less than $2 trillion, and
derivatives had barely been invented yet.

The U.S. simply cannot “afford” higher interest rates today.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111517622
God Bless