guess what happens. . .
derryb
Posts: 37,287 ✭✭✭✭✭
when the dollar index slides.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
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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.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
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.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
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...