Capital Economics Says Gold Is Going To FallMark Melin
As the US Federal Reserve prepares for a transition on multiple levels – withdrawing addictive quantitative stimulus while engaging in wide-ranging personal shifts at the top – trends are starting to break out. While industrial metals were higher in October, precious metals were lower -- and they may have further to go, particularly with regard to gold bar prices.
Gold bar prices interest rate correlation is breaking down, says Capital Economics
As markets began to price in a consistent re-pricing of interest rates amid the expectation for another Fed rate . . .
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