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Strategies & Market Trends : YellowLegalPad

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From: John McCarthy7/31/2006 10:14:17 PM
   of 1182
 
Great Link

nowandfutures.com

MYTH
Rising interest rates are bad for gold & silver long term prices.

FACT
See the popup chart here. It shows 10 year bond rates going from 5% to 15% while gold went from $35 to $850 during the period 1971 to 1980, and then rates going down from 15% to 5% while gold dropped to $255 in 2001.
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