غالب ياسين
23/06/2007, 07:38 PM
Let’s look at the precious metal prices. Gold, silver, and base metals, are benefiting from world economic demand factors. This demand is buoyed by relatively low interest rates in the industrialized nations and progress in the developing nations. This may continue for another year but eventually an economic slowdown will likely be in the cards as inflation pushes interest rates higher. When inflation returns from the excess money created by most nations over the last 15 years, interest rates will have to rise. Inflation will then drive the precious metals higher on a global scale regardless of higher interest rates