Eagle Hill Exploration Corporation V.EAG

And gold dumps again on interest rate talk

[handyrandy321]

We have been telling you for months gold will be pressured by an eventual higher interest rate (or just the talk of) as gold holds no coupon and pays no interest. Gold will be under pressure for at least 2 years from the real or imagined safe haven U.S dollar and related treasuries. 

Eventually inflation will be a good hedge for gold again, but not in 2015/ and probably 2016 during summer doldrums, then a tax loss season that many have lost money here from.