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Saturday, August 07, 2021 9:36:54 PM
Gold Will Go Down When This Happens…
Everyone says gold will go down when interest rates go up. I say, gold will go down when interest rates go up IF interest rates go up due to economic growth. However, IF interest rates go up due to inflation, gold will go up. Note mid 70s-80s when rates were 10%+, gold soared.
Everyone says gold will go down when interest rates go up. I say, gold will go down when interest rates go up IF interest rates go up due to economic growth. However, IF interest rates go up due to inflation, gold will go up. Note mid 70s-80s when rates were 10%+, gold soared.
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