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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (25641)1/8/1999 3:10:00 AM
From: Zardoz  Read Replies (1) | Respond to of 117273
 
"Rates cuts are very bullish for gold but it depends where in the interest rate cycle they occur. This is not hard to prove. Unfortunately, the business cycle has been repealed for the last few years. Jim"

Well you see, once again you jumped over what I said. OK... let me put it this way. USA WILL NOT SEE ANOTHER RATE CUT UNLESS THE WORLD ECONOMIES ARE FALLING FAST. But they may see a rate rise soon in the US. So how is this bullish for gold? Even the 30 yrs are creeping up, and the M2 rate is slowing.