In previous tightening cycle interest rates reached peak in July 2006. During next 18 months gold increased by 28%, then recession started.

Sharing is Caring!

by ChampionshipUsed9855

Gold is currently trading at $1,999.90 per ounce, up 0.72% from yesterday’s close of $1,983.18 per ounce. Gold prices are up 28.4% since December 2007 and have outperformed the 3-month Treasury yield by a wide margin over that time period.

See also  Financial and Geopolitical Cycle Analyst Martin Armstrong Sees Trump "Landslide"; Fears Desperate Deep State Wants War & Martial Law
See also  US manufacturing sector faces recession for 24 months, longest streak since 1990s. Who gets to inherit the recession?

 

 


Views: 92

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.