What Happens to Gold with Lower Interest Rates? | Metals Mine

  • What Happens to Gold with Lower Interest Rates?

    From rmegold.com

    We aren’t in the business of defending Federal Reserve chairmen. We don’t defend anything about the Fed. It has been a world class calamity for the value of the dollar. It is the main agency for bailing out banks with the peoples’ money. And the idea that a handful of bureaucrats and academics should be setting interest rates in a $29 trillion dollar economy, instead of letting supply and demand, and millions of borrowers and savers work out satisfactory interest rates themselves, is one of most destructive elements of central bank activities. There. We feel better saying that. Now, what happens next? For now, ... (full story)

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