Despite Rally, Hype, and NIRP, Bear Markets Hound the Globe
by Wolf Richter •
GLD - The Beginning Of The Long Term Bull Cycle
I am very bullish on gold's long-term prospect. Many fear that as the Fed enters its long term interest rate hike cycle, gold prices will go down further. The following chart will tell you the true story -- gold prices and the Fed fund interest rate have had a positive correlation most of the time, and the only time they are in negative correlation is when gold prices move higher while interest rates keep moving down.
Guess What Occupation Is Most Frequently Cited In The Panama Papers?
DYI
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