Rate accompli: Are rising interest rates bad for all assets?
Many Happy Returns
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Is Gold a Good Alternative to Bonds?
Gold has worked very well as a hedge historically when there is a really bad crisis and if your money collapses often gold's been seen as an alternative. She says the longer you've locked in a fixed rate of interest the bigger the loss you get. If you fix that in for five years an interest rates increase by one percent then you're going to be missing out on that extra one percent for five years so the price of your bond will fall by about five percent.
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