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Short Gold in 2014, signaling The fed Rate hike

COMEX:GC1!   Gold Futures
62 0 0
support gold             was in 1150 if breaks could fall back to 1100 and 1000 in the short-term targets. With the recovery of the US economy, gold             is no longer an attractive investment instrument.

Currently U.S. goverment bond yields begin to rise to the top level of 3%. This indicates that a rate hike could happen anytime. If the interest rates rise, the price of gold             and other commodity prices also would potentially weaken. So that in 2014 it’s good start to leave commodities and more focus to stocks

For information, gold             is an investment instrument that is commonly used to fight inflation . In a deteriorating economy, the price of gold             tends to rise, because the money is printed for the economic recovery so that the price of gold             rose. Instead the economy…
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