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S W
Member since May 2012
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Gold Thrives in Rate-Hike Cycles - Adam Hamilton - Zealllc

AFTER THE 25 BASIS POINT INCREASE...GOLD AND SILVER STILL HEADING DOWN.

And what's more looks like accelerating!

Commented 3254 days ago

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Beginning of the headline :Gold’s deep new secular lows of recent weeks were fueled by American futures speculators’ overpowering fear of Fed rate hikes. They believe zero-yielding gold is doomed in a higher-rate world, so they dumped gold futures at astounding record rates. The problem is history proves just the opposite, that gold tends to thrive during Fed-rate-hike cycles. This revelation is a super-bullish near-term omen for gold. Some brief context is essential to frame... Read More

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