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Mar 15, 2018

GATA | GATA DISPATCH: Mike Kosares: Gold's relationship to interest rates isn't so simple

Mike Kosares: Gold's relationship to interest rates isn't so simple

Submitted by cpowell on 03:35PM ET Thursday, March 15, 2018. Section: Daily Dispatches 10:35a CT Thursday, March 15, 2018
Dear Friend of GATA and Gold:
Gold's relationship to interest rates, USAGold's Mike Kosares writes today, is a little more complicated than what is described by some pundits and the mainstream financial news media. Gold's relationship, Kosares writes, is closer to real interest rates -- the differential between rates and inflation -- and to the commodity complex generally. Kosares' analysis is headlined "Keep Your Eyes on the Prize" and it's posted at USAGold here:
http://www.usagold.com/cpmforum/2018/03/15/keepyoureyeontheprize-2/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org