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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (25630)12/16/2009 1:53:42 PM
From: carranza2   of 71466
 
An interest rate hike is clearly the biggest risk to gold's continued appreciation. Even mention of one could be damaging.

A hike is inevitable because ZIRP cannot be the policy for too long. Velocity will also inevitably increase and that will lead to a hike, for sure.

At the earliest, it should take place sometime in the second half of 2010. Of course, if I could accurately predict these things, I'd be as rich as Bill Gross (but with with better hair).
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