Why gold’s glittering rise is ‘here to stay’

YahooFinance/Interview of Will Rhynd

“Although we have not had a Fed rate cut exactly yet, we have expectations that rates are going to go lower particularly real interest rates (the nominal interest rate minus inflation) and so that typically means gold’s price is on the rise and I think this move is here to stay.” – Will Rhind, Graniteshares

USAGOLD note: Rhind goes to say “right now it’s all about interest rates” not fear of an economic breakdown.

Repost from 6-27-2019

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