Gold has suffered a beating in recent days. In fact, it has been down strongly ever since Chair Janet Yellen the team from the FOMC finally cracked enough skulls to effectively convince the market that its going to raise interest rates next Wednesday. But what is ironic is that the U.S. stock market has remained largely unfazed by these rate hiking prospects at the same time gold has been getting drubbed. For if history is any guide, gold has traditionally shined well beyond its paper based counterpart in the days, weeks and months following a tightening action by the U.S. Federal Reserve.
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