Replies to post #31451 on iShares Silver Trust (SLV)

[jbbrown]

Actually yes. Gold and silver are up right now in an interest raising environment. You just don't think so because they have only done so once. My belief is that prices went down because they didn't raise rates. Rising rates will lead to a decrease in asset prices and people will look to precious metals and cash for safety which they have been doing since the first rate rise

[Ducati74]

I feel that the combination of increased spending and “normalized” interest rates will make the possibility of a default a real possibility.
A default would crash the markets and PMs would soar.
Janet has to hike them sooner or later, even a negligible 1.5% within a year would skyrocket the service obligation.
In 2007-2008 we were hovering at 5% until the crash…..but the deficit has almost doubled since then
We simply can’t service 20 Trillion at 2, 3 or 4%
How do you think it will unfold Elmer, do you think Janet will never “bite”?

www.usdebtclock.org

Ducati