InvestorsHub Logo
Followers 67
Posts 10154
Boards Moderated 0
Alias Born 06/02/2010

Re: Libertarian74 post# 37490

Saturday, 08/01/2015 9:13:47 AM

Saturday, August 01, 2015 9:13:47 AM

Post# of 63744
And it would have continued its escalation into the stratosphere had interest rates not spiked and killed the run. Folks don't seem to understand that gold is a store of value not a modern day investment.

It's also better known as the official monetary accounting measure. If it spikes it's because there's damn good reason but this time around the Fed doesn't have a rate hike to lean on.

Not with each half tick increase costing the U.S. a half trillion dollars
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.