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Alasdair Macleod: Interest rate increases won't bother gold much
2:28p ET Thursday, October 5, 2017
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod writes today that interest rate increases by central banks won't knock the gold price down because they won't keep up with inflation, central banks won't have much room to raise them, and real rates may remain negative. Macleod's analysis is headlined "The Upcoming Increase in Interest Rates" and it's posted at GoldMoney here:
https://www.goldmoney.com/research/goldmoney-insights/the-upcoming-incre...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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