So I understand that rising interest rates normally drive gold prices down but didn’t recently because foreign governments are buying tons of gold.
But I recently read that a bond crisis would force the fed to raise rates and gold would go down. Like say if everyone sold their treasuries at once.
Is that an accurate portrayal of how bond crisis could affect gold? Are there other things that could drive rates up besides inflation? This is actionable because there is a heightened risk of a bond crisis with the upcoming election and I would like to understand this more so I can make a more educated decision in regards to my gold etf position.
But I recently read that a bond crisis would force the fed to raise rates and gold would go down. Like say if everyone sold their treasuries at once.
Is that an accurate portrayal of how bond crisis could affect gold? Are there other things that could drive rates up besides inflation? This is actionable because there is a heightened risk of a bond crisis with the upcoming election and I would like to understand this more so I can make a more educated decision in regards to my gold etf position.
Statistics: Posted by JC Denton — Tue Sep 24, 2024 5:36 pm — Replies 10 — Views 297