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<p>[QUOTE="Cloudsweeper99, post: 818532, member: 3011"]No. That's a myth perpetrated by folks who weren't around in the 70s. Back then, gold went from $100 to $800 as interest rates rose from 3% to double digits. Initially you will see a dip when rates rise due to the knee-jerk reaction of the kids running hedge funds. But the longer term trend will continue to be up.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 818532, member: 3011"]No. That's a myth perpetrated by folks who weren't around in the 70s. Back then, gold went from $100 to $800 as interest rates rose from 3% to double digits. Initially you will see a dip when rates rise due to the knee-jerk reaction of the kids running hedge funds. But the longer term trend will continue to be up.[/QUOTE]
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