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Rate cut.....
Fear is what will drive gold up or a better way to say it may be,fear is the prime motivator these days to drive gold up.......fear of losing ones money that is in other ventures, especially the stocks, the Dow......the shaky, what will it do next Dow....among a zillion other ventures that everyone and every player has their money in (Gold not being one of those ventures). Lower rates will encourage continued buying and investing in the norms,........ housing, securities, real estate...... everything but Gold.....when the opposite of lower rates starts in, talk of the R word, etc, etc,....deepening world crisis.......fear, fear, fear.... the more fear the more motivation to invest in Gold....pick your scenario or better yet create your own.......but fear is what will drive Gold up....... |
