It all depends on the dollar which depends on interest rates.
Here's a long term chart of gold,dollar and yield. Question is? How
do you raise rates when the economy is in the tank? Happened under
Jimmy Carter and look what happened to him!
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It all depends on the
Four down, Ten up!
Posted by ditch on 24th of Mar 2011 at 12:35 pm
It all depends on the dollar which depends on interest rates. Here's a long term chart of gold,dollar and yield. Question is? How do you raise rates when the economy is in the tank? Happened under Jimmy Carter and look what happened to him!