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Sunday, 04/07/2024 9:31:28 AM

Sunday, April 07, 2024 9:31:28 AM

Post# of 60457
"Prices for gold and silver. . .new highs lately. One of the major drivers has been the widespread expectation that the Federal Reserve will cut interest rates. Lower rates tend to drive up the prices of precious metals as they are becoming more competitive with safety investments like bonds. Gold, silver, and the like are considered more inherently valuable than bonds, which pay less interest as rates decline." (The Motley Foot, 4/5/2024)