What Are the Basic Issues Facing the Economy, the Dollar and Gold
A few comments on Edelson’s essay on gold and rising interest rates: Another concept that needs to be considered is that gold rises when “real” interest rates (that is the rate of interest after deducting inflation) are negative, gold is a more attractive investment for big money and hedge funds. That is what is going on now. The ONLY reason gold is not rising rapidly now is due to a concerted effort by the Fed (and bullion banks and large hedge funds who follow along) to suppress the price of gold.
Read More>> http://economicrisis.com/what-are-the-basic-issues-facing-the-economy-the-dollar-and-gold/932