guess what happens. . .
derryb
Posts: 36,781 ✭✭✭✭✭
when the dollar index slides.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
1
Comments
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.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Don't worry I suspect that green line will be back in the gutter in no time. RGDS!
Real money cuts and runs.
Well after it is removed from under the thumb of...