Re: So Why Didn't Gold Prices Remain High After Trump Won? In a word..
in response to
by
posted on
Nov 11, 2016 10:10AM
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Sorry its not the cartel. Interest rate expectations are going through the roof. Everyone's pulling back from the bond market and the losses have to be absorbed by selling anything that's not tied down. Gold is included.
Tyhee better be close to making that deal. The bull market will return when interest rate volatility substantially increases. I expect that to occur when inflation starts eating into corporate profits and outpaces the recovery of the economy.
It's going to be rough, but just have cash ready