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If anyone is buying silver and gold, would you kindly tell me why. ...
Expectation is as I see it... in 2015, it will be in the vicinity of 1.5%; in 2016 it will increase upwards to 2.5 and in 2017 it will go even higher, up to give or take a little, 3.8%. That rational has been set many times over. When interest rates rise, the price of gold decreases proportionately. Is it time now to buy gold and silver? Absolutely not. Sit on your money and when you feel gold and silver prices have bottomed out, then all speed ahead to buy as much as you can, when the price hits around the $900.00 mark.
If gold does move on that path in a downward course, where does that place silver? Interesting indeed.
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