Chart: Fed Funds Rate vs. Nasdaq vs. Housing

Includes: DIA, QQQ, SPY
by: Tim Iacono

The chart below was just stumbled upon after looking through some material from a year or two ago regarding all-time highs for gold and multi-decade highs for silver while preparing the current issue of the investment newsletter at Iacono Research.

This should serve as a reminder that, lest anyone forget, you don’t get a really good bubble going until the Fed starts raising interest rates, recent all-time highs of $1,280+ an ounce for gold and $21 an ounce for silver likely to be looked back upon much in the way that we remember Nasdaq stocks in 1998 and California home prices in 2004.