We're going to see a new, emerging period of higher long-term interest rates that are going to start now, and I believe they're going to carry on for some time.
More Quotes from John Kosar:
The markets have changed their perception about how they view gold. In 'normal' times people see gold as just another currency, a surrogate for the dollar.John Kosar
If the dollar goes down, perhaps there are external reasons for weakness in the dollar, and gold is just going up on its own.
John Kosar
I am sure the chart relationship will reassert itself. People are scrambling for commodities, including gold.
John Kosar
The market in general is not expecting a rally. History tells us it is at times like these that a near-term rally is the most likely to begin.
John Kosar
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