Market Updates This Week
Fed Raised Rates 0.25% â Rising Rates Positive For Gold
As the great orator George Bush Junior once attempted to say:
âFool me once, shame on you; fool me twice, shame on meâ¦â
One of the world’s leading investors, Mark Mobius told a gold conference in Dubai that the new ‘Shariah Gold Standard’ is both âinnovative and revolutionaryâ and importantly will bring âtransparencyâ to the physical gold market which suffers from a lack of trust.
Giant precious metals beach balls pushed to bottom of sea. This creates an opportunity as the suppression of gold and silver prices in recent years means that they remain undervalued.
