2 votes

Interest Rates Headed Up. Metals Drop Big Time. Now Ticking Back Up. What's The Deal?

With the FED signalling to raise the interest rate, gold, silver and platinum dropped sharply. Now they are moving back up as the exchange hits hong kong again.

http://www.kitco.com/charts/livesilver.html
June 20, 2013: Low: 19.4 High: 21.4 Current: 19.83 (21:14 Central)

http://www.kitco.com/charts/livegold.htm
June 20, 2013: Low: 1276 High: 1305.5 Current: 1290.2 (21:14 Central)

Anyone have an idea as to why? Whose buying? Whose selling?

Trying to put this thing together, any help would be greatly appreciated!

-T



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