A rally to 1360 or higher in Gold within the next three weeks is based not on hope, but data. Signs that a significant Gold rally is pending or has already begun…
Turkey finds itself stuck between a rock and a hard place as investors desperately try to remove their funds from the country before the bottom falls out of the market.
It appears that the price of COMEX gold is sliding ahead of this announcement... just as it has in the lead-up to each of the previous six Fed Funds rate hikes.
Eric Sprott discusses the ongoing selloff in gold prices but also looks ahead to the issues caused by the rising US dollar and higher US interest rates.