Gold extended gains to its highest level since May while copper advanced as the latest comments from Federal Reserve officials bolstered bets the US central bank will start cutting interest rates next year. Michael Cuggino of the Permanent Portfolio Family of Funds talks about hit outlook for the metal, the dollar and fixed income.
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5 Comments
Speculation on gold prices
Pumping and dumping on gold prices
Watxh how quickly all these clowns start saying they are finally overwieght when its at 5000
Fiat-bros know that coochie stained green paper is the pinnacle of money and gold is only a cheap substitute.
It's not because of rate cuts. It's because the long term interest rates are going to skyrocket after QE.