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Re: Elmer Phud post# 31451

Wednesday, 10/26/2016 4:01:28 PM

Wednesday, October 26, 2016 4:01:28 PM

Post# of 36574
Actually yes. Gold and silver are up right now in an interest raising environment. You just don't think so because they have only done so once. My belief is that prices went down because they didn't raise rates. Rising rates will lead to a decrease in asset prices and people will look to precious metals and cash for safety which they have been doing since the first rate rise