will TSX fall in the rest of year?
will TSX fall in the rest of year? if US rate is increased, CAD, gold, oil will be lower. if CNY devalue more, TSX will fall too.
Aug 13th, 2015 3:46 pm
Aug 13th, 2015 4:05 pm
Aug 13th, 2015 5:13 pm
Aug 13th, 2015 5:44 pm
I'm hoping it will, as there is some cash waiting for a huge drop if it occurs.victor5241 wrote: ↑will TSX fall in the rest of year? if US rate is increased, CAD, gold, oil will be lower. if CNY devalue more, TSX will fall too.
Aug 13th, 2015 8:20 pm
why will gold fall? last time the US increased rates, gold screamed higher.victor5241 wrote: ↑will TSX fall in the rest of year? if US rate is increased, CAD, gold, oil will be lower. if CNY devalue more, TSX will fall too.
Aug 14th, 2015 12:27 am
Yes and next year and the year after that. Check back in a couple years for a further update.victor5241 wrote: ↑will TSX fall in the rest of year? if US rate is increased, CAD, gold, oil will be lower. if CNY devalue more, TSX will fall too.
Aug 14th, 2015 2:04 am
I think you got it wrong. Gold prices are influenced by supply and demand. Generally speaking, a rising US dollar relative to other currencies, or rising interest rates, can cause gold prices to decrease. Gold is a "zero yield" asset, so higher interest rates mean that money moves from gold to other investments generating higher returns.
Aug 14th, 2015 8:57 am
Aug 14th, 2015 12:51 pm
Aug 17th, 2015 11:49 pm
Aug 18th, 2015 12:12 am
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