Loading ...gold fell to. $250–do. u. know. what the. FED funds rate was then? In February 1979. it was 10.6%–the rate. rose and in February 1980 it was 16%–so gold rose. WITH rising. rates from 250. to 850
https://www.macrotrends.net/2015/fed-funds-rate-historical-chart
That said…corrections in gold have not been outlawed…I see that. yields are just turning up a tic or two-If we need to correct I hope it won’t be too brutal…