Why a higher interest rate is good for Precious Metals investors

http://blog.apmex.com/2015/11/17/why-a-higher-interest-rate-is-good-for-precious-metals-investors/

Hanging near zero, the federal interest rate has not been raised in nearly 10 years. As the economy has recently improved, economists are speculating about when the Federal Reserve will raise the interest rate. With the national unemployment rate now around 5 percent or what is often considered “full employment,” the U.S. Federal Reserve is expected to hike the interest rate at its next meeting in December.
A higher interest rate would imply the economy is back to normal; the Fed isn’t flushing the market with cash for people to spend. When people have less money to spend, it prevents the prices of goods and services from accelerating too much (inflation). For Precious Metals investors, this is a very good thing!