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DownWithPumpers

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DownWithPumpers

Re: weazelboy post# 25926

Wednesday, 11/30/2016 9:35:45 AM

Wednesday, November 30, 2016 9:35:45 AM

Post# of 46664
Uhhhhhh...might wanna check your story bro.

The reason gold had a great year was because investors correctly deduced that the Federal Reserve wasn't going to raise rates again any time soon. They were right. It took a whole year until the Dec 2016 rate hike.

Surely no one with a functioning brain thinks consistently rising interest rates is good for gold prices!
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