SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : WAR on Terror. Will it engulf the Entire Middle East?
SPY 676.47+0.8%Dec 18 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rarebird who wrote (12859)2/19/2006 10:25:27 AM
From: John McCarthy  Read Replies (2) of 32591
 
just curious ....

what should I infer from this ....?


The Gold and Oil markets took a nice little tumble after the most recent Fed. Funds hike.

That was a signal that the Fed has now become restrictive


(a) that there is a direct correlation between interest
rates and the price of gold .... (at least in the long
run)

(b) that a tough Fed stance (i.e. higher interest rates)
will lower gold prices ... over the long run .... or
at the least impede the current aggresive increase in
price .....

(c) there is no long term direct correlation between
interest rate levels and gold prices ....

(d) something other than a/b/c ....

(e) if gold continues to rise even after the March rate
increase .... what does that mean, if anything?

regards,
John McCarthy
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext