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Message: The Dollar is Looking Worse and Worse... Which is Good For Gold

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tiki

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Re: The Dollar is Looking Worse and Worse... Which is Good For Gold

in response to Re: The Dollar is Looking Worse and Worse... Which is Good For Gold by resourceFULL

posted on Nov 07, 08 10:58AM

A highly speculative opinion, but a plausible one nonetheless. Truth is, there a million different scenarios which could play out, but I will be on high interest rates down the road. Rates ahve been held artificially low for too long. The price of risk has been undervalued for so long, and with banks hoarding cash, eventually people will be forced to pay big premiums to borrow. Good for gold obviously.

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