this more likely than rates rising due to improving economy which is minimal

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this more likely than rates rising due to improving economy which is minimal

posted on Dec 16, 2010 01:02PM

The best single year for the US Gold price ever was 1979, a year in which the price more than doubled. That was also the year in which US interest rates soared as a large "risk premium" was built into the interest rates demanded by buyers of Treasury debt paper. The sudden surge of Treasury yields on December 7-8 is the first sign of a potential repeat performance.- Bill Buckler, The Privateer, December 11, 2010

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