RE:RE:RE:RE:RE:RE:The Crooks and liars are at it againRising interest rates have always lead to recession. As someone who's long gold, I hope they keep raising. Will purge the system faster.
With that being said, they won't let rates on the 10Y get too high because of the amount of treasuries outstanding. The fed also doesn't want to cause any stock market corrections, which a high 10Y will cause.
Rising rates will kill the dollar. I'm not by any means saying an expensive USD is good for gold, I'm saying rates will be bad for the USD.