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Follow on Google News | Rising Interest Rates Could Cause Double Dip In Financials And HousingAnalyst states housing market may be on verge of a double dip as interest rates are beginning to rise. This may effect the financial and banking sector. Investors may turn to precious metals and undervalued natural resources.
By: Gold Stock Trades Jeb Handwerger recently wrote in a free update to readers, "The long-term bond ETF is breaking below the 200 day moving average. We called the top this summer." Investor can read that article predicting the top in Treasuries titled, "A Major Turning Point For Gold, Silver and U.S. Treasuries". (http://goldstocktrades.com/ He continued, "We may be in the beginning of a hyper-inflationary rally where interest rates could begin soaring and the dollar could hit new lows. This could cause another decline in the housing market and put pressure on banks. There is plenty of cash on the sidelines who may be seeking alternatives in the form of the undervalued commodities and miners especially as the dollar is forming a bearish head and shoulders formation and the Canadian Venture is breaking out above the 50 day moving average." To read the full update to free newsletter readers click below: http://goldstocktrades.com/ Also watch the video update sent out following the fiscal cliff deal highlighting specific etf's which jumped as a result. http://www.youtube.com/ End
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