The BIG Move Is Still To Come!

In the above charts notice the following:

Interest rates and gold generally move in the same direction. We believe that rising interest rates are a Bullish and NOT a Bearish sign for Gold.
In many instances, interest rates tended to “peak” after gold has already peaked. This would not support the theory that rising rates end gold advances. If rising interest rates were ending the gold advances then one would expect interest rates to peak first and then cause gold to peak second.

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