The Reaction to Hurricane Katrina: Why Has Gold Been Soaring Recently?
Sep 22nd, 2005 | By Michael Shedlock | Category: Macro Economics
Mike Shedlock discusses The Reaction to Hurricane Katrina . . . and explains how this relates to why gold has been soaring recently.
The short answer is the yield curve is starting to widen, Congress is going on another spending spree, the market thinks rate hikes are nearly done, and the ...read more
