Gold Thrives in Rate-Hike Cycles - InvestingChannel

Gold Thrives in Rate-Hike Cycles

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.  […]

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