Interrupting the usual forum bickering to report.
Coinstartled
Posts: 10,135 ✭✭✭✭✭
A sharp upward move today in the PM's!
4
Coinstartled
Posts: 10,135 ✭✭✭✭✭
Comments
On that we can all agree!
Here's a warning parable for coin collectors...
Nothing wrong with that!
Because:
http://thehill.com/policy/finance/370566-dollar-drops-to-3-year-low-after-mnuchin-praises-weak-us-currency?__twitter_impression=true
Recent PM rise is consequence of a weaker dollar index.
"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
Interrupting the usual forum bickering to report.
Not bickering. Just friendly banter.
The dollar index is down 13% in the last 13 months. This isn't something new. Metals look like finally trying to join the party. Remember, silver was 18.50 last April.
Knowledge is the enemy of fear
weak dollar policy is the new Wall St. QE.
Anything to keep the music going cause after all there are only so many chairs when it stops.
"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
Looks like Pennyholic owns his gold in Rawandian Bahts.
My YouTube Channel
My YouTube Channel
Up and seems to be holding today (25th).... seems it is the dollar index ... bitcoin instability could also be part of it.... Cheers, RickO
Stairway to Heaven is a pretty long song.
Knowledge is the enemy of fear
Even better!
some days peanuts, some days shells.
"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
And back $6 in the aftermarket. What will the morrow bring?