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Peter C
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Gold May Fall on ECB Rate Rise but Rising Interest Rates Likely to Lead to Much Higher Prices - Mark O'Byrne - gold.ie

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

Commented 4902 days ago

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