Could Gold and the Dollar rally together? It is possible in 2010
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Could Gold and the Dollar rally together? It is possible in 2010
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This is a typical argument that many mainstream gold bears make.
It goes like this…. “As soon as the Fed raises rates, it will pop the Gold bubble and the US$ will bottom”
This is totally ridiculous. First, it is real interest rates that matter. Rates need to be 2-3% above the level of inflation. So...
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Most Gold bulls are silver bulls. The 1970s is the reason why and because inflation that occurs when a secular commodity bull cycle is in effect tends to flow into both precious metals.
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