The Traderszone Network

Published in TZ Latest News 23 August, 2014 by The TZ Newswire Staff

Gold Actually Thrives In Rising-Rate Environments

By Adam Hamilton:

Gold has slid during this past week on mounting fears of interest-rate hikes. Between the latest FOMC meeting’s minutes and the Fed’s annual Jackson Hole Economic Policy Symposium, American futures speculators’ rising-rate phobias have been whipped into a fever pitch. They worry gold will be crushed when the Fed eventually starts normalizing rates. But history shatters this fallacy that rising rates are gold’s nemesis.

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