Gold May Fall on ECB Rate Rise but Rising Interest Rates Likely to Lead to Much Higher Prices

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Published : April 07th, 2011
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Category : Market Analysis
gold demand trends q2 2009 - investment demand to stay at forefront of gold demand by mark o byrne
Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth.
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Why are so many PM prognosticators so damned bi-polar when U$D price moves 2% - 5% higher or lower - and especially when CB interest rates go up ?? VoLiTiLiTy is eXpEcTeD AND gOOD - RIGHT ??

As far as I`m concerned - CB interest rate hikes are excellent indicators of fiat paper weakness - which is BULLISH for PM.

Better get a grip if you believe Au = U$10K - U$100K and or Ag = U$500 - U$5000 - because - THERE WILL BE MANY ExTrEmE fiat currency $wInGs - DIRECTLY ahead.

How can it be possible to Au and Ag to reach expected RANGE blow-offs - without ExTrEmE VoLiTiLiTy, including $100 - $500 - $1000 moves in a single day ???? WaddaYaGonnaDoThen ????

Probably a good idea to get some pills, oxygen, Scotch, rolling papers and *Pampers* - ReAl $OOn .

Peter Carson
cansteel1978"yahoo.ca



Probably a good idea to get some pills, oxygen and rolling papers - ReAl $OOn .

Peter Carson
cansteel1978"yahoo.ca

Latest comment posted for this article
Why are so many PM prognosticators so damned bi-polar when U$D price moves 2% - 5% higher or lower - and especially when CB interest rates go up ?? VoLiTiLiTy is eXpEcTeD AND gOOD - RIGHT ?? As far as I`m concerned - CB interest rate hikes are excelle  Read more
Peter C. - 4/8/2011 at 2:10 PM GMT
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