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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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From: kayco3/21/2010 12:48:23 PM
2 Recommendations  Read Replies (2) of 48092
 
"In the short term an increase in interest rates could be negative for gold. But, in the medium to long term rising interest rates are likely to be positive for gold as they were in the 1970s. When interest rates return to more normal levels (above 5%) then gold would be vulnerable to a correction as savers and bondholders become enticed by higher yields." See immediately below:

beforeitsnews.com

"Rising Interest Rates Are Excellent For Gold",
"The period from 1999 to 2007 (8 years) are the only years of the forty five years plotted that justify Mr. Kaplan's point that gold does best with falling bond yields. Using only 17% of the period from 1962 to 2007 he assumes that gold has no where to go but down. My comments on this will be found in Part 2 of this article." See below for article 1:

gold-eagle.com
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