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.
Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 387.88+1.2%Nov 28 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GST who wrote (23044)12/7/2010 5:03:42 PM
From: ecrire  Read Replies (3) of 29622
 
The initial stage of rising rates is not necessarily damaging to gold sentiment, but if a rising interest trend develops, it creates competition for investment funds at some point.
Too early to call today's move anything other than a reaction to the tax deal(which is vehemently opposed by many Democrats) or whether a trend has begun.
If Europe blows up and the Dollar rallies the whole thing is just a one day affair but certainly is a factor to consider as an influence on Gold and Silver.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News