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Strong dollar is a blessing and a curse for sure

At times like these with the dollar being on a tear, it's killing my metals investments and my ability to sell foreign issues outside of the US. I think it's easy to assume the coin market is depressed but I wonder if it is due in large part to dollar strength? It would be great to see a chart with the relationship of a coin value index vs. dollar/euro/yuan.

Does anyone have an opinion on how the dollar strength is impacting the coin market aside from the obvious price of metals.

Comments

  • ashelandasheland Posts: 22,612 ✭✭✭✭✭

    Not entirely sure, but the market for coins and bullion appears to be in the toilet. (mostly)

  • SaorAlbaSaorAlba Posts: 7,466 ✭✭✭✭✭

    Great for buying though, particularly from Europe and Britain.

    In memory of my kitty Seryozha 14.2.1996 ~ 13.9.2016 and Shadow 3.4.2015 - 16.4.21
  • bidaskbidask Posts: 13,834 ✭✭✭✭✭

    What foreign issues are you trying to sell outside the US?

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • zski123zski123 Posts: 256 ✭✭✭

    @SaorAlba said:
    Great for buying though, particularly from Europe and Britain.

    You're 100% correct.

  • zski123zski123 Posts: 256 ✭✭✭

    @bidask said:
    What foreign issues are you trying to sell outside the US?

    I am generally speaking. The UK is extremely weak though. Next to no buying activity.

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