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goldielocks @ 16:12

Posted by Mr.Copper @ 16:57 on July 11, 2016  

Thanks for the comeback. $1300 and $1280 support makes sense. But I’m thinking we may never see those numbers for the rest of our lives. Interest rate rise? And maybe we get a little dip.

I remember 1970 to 1980. Rates and gold went up together. Rates went 6% to 21% as gold went $140 in ’75 to $800 around 1980. I think globalization is in reverse, and that UN Dollar we have could drop a lot, over time, and restore industrial independent prosperity to the USA. AU and AG look good long term.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.