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Vendot · 04-28-2011, 02:06 AM

The Euro debt crisis is far from over which *may* mean some upside for gold this year. More crucially, interest rates on all the majors (EUR, USD, GBP) are still very low but theyre likely to start to creep up in 2012 which will make holding gold somewhat less attractive but I would imagine that interest rates will stay below the rate of inflation which means negative real interest rates ie youre still better off holding gold in a theoretical sense.

Its hard to call but i would imagine its better to hold gold this year rather than next year or the year after from an interest rates point of view.

Price of gold right now is $1533/oz

04-28-2011, 02:06 AM
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	The Euro debt crisis is far from over which may mean some upside for gold this year. More crucially, interest rates on all the majors (EUR, USD, GBP) are still very low but theyre likely to start to creep up in 2012 which will make holding gold somewhat less attractive but I would imagine that interest rates will stay below the rate of inflation which means negative real interest rates ie youre still better off holding gold in a theoretical sense. Its hard to call but i would imagine its better to hold gold this year rather than next year or the year after from an interest rates point of view. Price of gold right now is $1533/oz __________________ "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell Last edited by Vendot; 04-28-2011 at 02:09 AM..