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Central Missouri | farmn4, I don't think I implied anything about how fast interest rates can or will go up. I didn't tell anyone to buy or sell gold. I just gave more info as to what has been occuring in that market. As okey says and he is correct there are many things better than gold to invest in if the dollar carry trade continues. Now do you consider world central bankers as smart money? I don't know if they are or not but they are reportedly net buyers of gold now for the first time since 1988. You are correct that the everage person has not been very good at getting out at a good time. | |
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Interesting Gold Numbers
