Gold & Interest Rates

01 · Build the foundations

Read these guides in order, then compare the framework with dated evidence. A reading path explains concepts; it does not validate a strategy.

1. Gold, rates and the dollar: identify the variable first →

   A practical guide to distinguishing nominal yields, real yields, currency moves and expectations when reading gold news.

2. Why Gold Can Fall During a Crisis: Liquidity, Margin Calls and Forced Selling →

   Understand why gold may fall during market stress. Separate liquidity needs, leverage and currency effects from unsupported safe-haven narratives.

3. Gold and Silver Divergence: What Relative Strength Can—and Cannot—Tell You →

   Compare gold and silver returns, calculate the gold–silver ratio and understand why divergence alone cannot validate a relative-value trade.

02 · Study the structural drivers

03 · Compare dated editions

These editions match the theme by their title and summary. They retain their original cutoff; a current market quote is not substituted into an old analysis.

04 · Test a specific question

Define the observations you need before looking at outcomes. Record the dataset, assumptions, costs and failure conditions.