Search results

House, It will be about 0.5% up to 1% higher (multiple times of increase this year). From the Westpac bank loan table below: Term discount on new loan Interest rate Comparison rate 1 year 0.2% p.a. off the interest rate (conditions apply)...

Which means the mortgage interest rate will be much higher in the next 2-3 years ahead.

Hm.. ok so in this case, Silver is still a good way to "preserve" your wealth for the long term ? Well if it is still not a good idea, at least it can be used as Werewolf deterrent :-)

Since now the conspiracy is revealed to us public, I wonder what will happen to the precious metal trading practice ? Does the large banks gets penalised or it is just business as usual ?

Well if that's the case no wonder they can still get away with those behaviour since they are the big players :o

Yes, that's what I've been waiting for next year before converting / exposing all of my SuperAnnuation into Gold :cool:

This news of big banks controlling or manipulating the precious metals price has been around since last year, but so far the guilty party, they are still in business as usual...

:D lol... At least Jim Rickards and Mike Maloney is better than him:cool:

Billy, Yes, there will be some more Interest Rate increase possibilities as described in this official website: http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html So it is not the good time to buy Gold yet.

Hi Julie, As per this website which reports the FOMC / The Feds interest rate http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html there will be some more interest rate increase next year which will bring down Gold price even further down. So how is that possible to see Gold...

Not yet, I believe the re will be more Interest Rate hiked again next year by the US Feds.

Why is that you predicting it is going up to brexit level ? The interest rate will be hiked by the Feds even more.

Reported to ? Why is that people is mostly against Jim Rickards ? I believe he is the great and unbiased educator in Gold & Precious metals investing. So far his career is credible not just some Gold seller or spruiker. The other source of good knowledge that I follow is Mike Maloney, of...

Mate, he is correct in predicting Brexit and also Trump presidency.

Sorry mate, I was clicking the submit button acccidentally instead of Preview :cool:

Well, so far what I have been experiencing after subscribing to that newsletter for AUD$ 99 annually and reading through most of Jim Rickards 's books: 1. Buy the precious metals when you've got some spare cash and allocates at least 10% of your investible money or asset to precious metals. 2...

So.. as long as we buy when it is dropped, I guess it is supposed to be fine (buy the dip mentality) :rolleyes: ?

Well, I guess from 2017 onwards: The good scenario is gold reaching pre-sub prime crisis levels below $1,000 per ounce. --> More likely due to Trump has made some good progress making USA great again The bad scenario is a rise to over $1,300 per ounce, as seen during the Brexit shock. --> Not...

:o He's got nothing to do with the JP Morgan family.

People, After reading from the various specialized news source (trusted and independent) regarding Gold price movement, I'm interested and surprised to know about the gold & silver price manipulation that has been around in the world. For example, This news of big banks controlling or...