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<p>[QUOTE=&quot;bzcollektor, post: 100596, member: 3241&quot;]WRONG!!!!!!!! Otherwise Gold should be at about $350. Interest rates have been a lockstep UP for a year and a half. Gold has gone up despite the feds short term hikes. Do you know what a rate inversion is???&nbsp; Short term rates are always less than longer term rates. Except for now.....</p><p><br /></p><p>2 yr note is 4.37%</p><p>5 yr note is 4.32%</p><p>10 yr note is 4.37%</p><p><br /></p><p>Do you see a problem with these rates? I do. So does everyone else.</p><p>A rate inversion.</p><p><br /></p><p>The usual thinking is... Higher interest rates=lower precious metal prices. This concept has not held water for the year and a half or so that interest rates have risen. Precious metals have risen in an unprecedented BULL Market, despite the Feds nutso moronic path to higher interest rates.</p><p><br /></p><p>I don`t have a crystal ball, but precious metals are free of the gold mining hedge funds, and the European Central Banks, and are truely in a free market for the first time. Ever.[/QUOTE]</p><p><br /></p>

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