SPDR S&P 500 (SPY): the last rate hike in dec. 2015 sent gol...

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Re: imiloa post# 223763

Wednesday, 12/14/2016 1:35:58 PM

Wednesday, December 14, 2016 1:35:58 PM

the last rate hike in dec. 2015 sent gold and silver up for 8 months. But fundamentally it makes sense what your saying since bullion is priced in usd.

That all may change this time maybe ppl thought the equity market would crash and they hedged with buying gold and silver. Now that eqd markets are invincible the increase in usd will destroy metal as it should.

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