The western love trade: gold stocks

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itemprop=description content=Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.

Featuring views and opinions written by market professionals, not staff journalists.Have oil and US rates peaked, and does that mean gold is making a major low?

Double-click to enlarge this TNX rates chart. It's difficult to call a top for rates, but what is most evident…The ten-year bond rate was about 2.5% a year ago, and gold was trading around $1820. Now, after rates have been jacked up to 4.7%,I've suggested that America is at a point in time that resembles both 1929 and 1966. In 1929 the stock market crashed and in 1966, an inflationary era began.

buy zone, meaning that in addition to gold bullion, silver bullion and mining stocks can be bought there as well.

 

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