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guess what happens. . .

derrybderryb Posts: 36,013 ✭✭✭✭✭
edited September 12, 2022 7:49AM in Precious Metals

when the dollar index slides.

"Do you hear alarm bells ringing? Neither do I. And that’s a huge problem." - Simon Black

Comments

  • JimTylerJimTyler Posts: 2,991 ✭✭✭✭✭

    The green squiggle gets closer to the blue/red squiggle ?

  • derrybderryb Posts: 36,013 ✭✭✭✭✭
    edited September 12, 2022 7:58AM

    @JimTyler said:
    The green squiggle gets closer to the blue/red squiggle ?

    just the opposite as the chart shows. relationship between PM prices and dollar index is an inverse one. Dollar down, PMs up.

    "Do you hear alarm bells ringing? Neither do I. And that’s a huge problem." - Simon Black

  • rawteam1rawteam1 Posts: 2,472 ✭✭✭

    @derryb said:
    just the opposite as the chart shows. relationship between PM prices and dollar index is an inverse one. Dollar down, PMs up.

    Amazing, this another false mantra, proven wrong with any diligence whatsoever, carnival barking at its finest…

    keceph `anah
  • derrybderryb Posts: 36,013 ✭✭✭✭✭
    edited September 12, 2022 9:27AM

    @rawteam1 said:

    @derryb said:
    just the opposite as the chart shows. relationship between PM prices and dollar index is an inverse one. Dollar down, PMs up.


    Amazing, this another false mantra, proven wrong with any diligence whatsoever, carnival barking at its finest…

    LOL.
    do PMs always have an inverse relationship with the dollar index? No
    do PMs have an inverse relationship with the dollar most of the time? Yes
    price action of both today is a good example.

    "Do you hear alarm bells ringing? Neither do I. And that’s a huge problem." - Simon Black

  • blitzdudeblitzdude Posts: 5,278 ✭✭✭✭✭

    Don't worry I suspect that green line will be back in the gutter in no time. RGDS!

    The whole worlds off its rocker, buy Gold™.

  • rte592rte592 Posts: 1,381 ✭✭✭✭✭

    Real money cuts and runs.
    Well after it is removed from under the thumb of...

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