Message:

<p>[QUOTE=&quot;yakpoo, post: 786778, member: 18157&quot;]The price of gold is closely tied to the the dollar...which is closely tied to interest rates. The Administration will likely keep the Fed funds rate near zero through the mid-term elections, but may be forced to raise rates shortly thereafter in defence of the dollar. </p><p>&nbsp;</p><p>I suspect gold will rise through Summer 2010 (depending on what China does), but begin to weaken in late summar or early fall as traders anticipate post election rate hikes. I&#039;m not accumulating any more bullion for at least the next 12 months. I may even sell some heading into the summer months.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in