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All this hype regarding the FED's threat to raise rates & the...

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    All this hype regarding the FED's threat to raise rates & the effect on the price of gold caused me
    to take a closer look.-average approximations only for the years below,
    just to give indication as to trend significants.
      
    US- FED-Rate -   US-POG.
    1990-    8%   $400.
    1992 -  4%-DOWN- by 50%   -   $375  -POG-down -5%-bugger all considering FED rate down 50%.
    1993-   3%-DOWN- by 25%   -   $380 -POG-up slightly & FED -lowered rate 25% -POG NOT DOWN?.
    1994-   4%-UP - by 25%   -   $400- POG-up 5% -when THE FED RAISED rate.?.
    1995-   6.5%-UP- by 60%    -   $400-POG-same,-when FED RAISED rate- POG -NOT DOWN ?.
    2000-  6%-DOWN- by 8% - $280- down -30%- OK -movements match current implied.
    2005-   3%-DOWN-by 50%  - $420- POG-up -50%-WHEN FED rate down by 50%-?.
    2010 -   0.25%-DOWN-by 90%-$1,000-POG-up--140%-OK -movements match current implied.
    2015-  0.15%-  DOWN    - $1,200-POG-UP 20%,- OK -movements match current implied.
    2016- 0.40%-   UP    -    $1,300-POG-UP -8%-when FED RAISED rate?.

    Its just not there, I would conclude there has been more variables to consider regarding the  POG,
    movement than the FED raising or lowering, like the Global Financial Crisis,
    the gulf War & other world political & financial implications yet to play out,
    US debt- Brexit etc.
    ON just a one dimensional plain, of coarse lowering the FED rate effects the USD & the
    POG-reacts negatively.
    But as history shows it would do 5/8s of Fck all in the bigger picture as any hike's would
    be minimal.
    The Fed has & is gaining far more from implying the US economy is stronger than it is
    therefore they may raise rates- than actually doing so,if they do -its likely one & done.
    If they did- the stock market will crash & they will have used up there ammo !?
    Remembering the US debt has spiraled out of control, it now has a debt of 20 Trillion- USD
    this has doubled in the last 12 years-do we really believe they want higher rates?
    imo its just very long winded scare mongering that defies reality!!!
    imo-glth
    salt
    Last edited by Saltiga62: 13/09/16
 
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