Friday, June 7, 2013

ad nauseum?

I don't intend to belabor this point but I will.
I think that the US dollar weakness is going to be the next big story. Finally.

It is of continuing surprise that gold and silver continue to be so weak. It must be the interest rate changes. Higher rates are hard on gold. My point is that rates will start to lag the monetary depreciation and thus the inflationary effect of a weak dollar.
Time will tell.

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