SMACK

Discussion in 'Gold' started by tolly_67, Sep 20, 2017.

  1. tolly_67

    tolly_67 Well-Known Member

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    U.S dollar leapt up. gold and silver caved. I wonder why?
     
  2. whay

    whay Well-Known Member

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    Because the US dollar is good as gold. Federal Reserve Note not so! dollar.png
     
  3. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    It's nothing and the USD will continue it's downward spiral especially now with some nations starting their turning away from using it to trade. I expect it to accelerate faster downwards soon.
     
    Last edited: Sep 21, 2017
    Ronnie 666 likes this.
  4. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    With all the unicorns, lollypops and rainbows emanating from Yellen's arse you think the poxy $ can rally more than 1 point from 91.80 to 92.60 and now heading back down as the yield curve starts to flatten once more. Don't forget in 2 weeks we have the BLS BS jobs garbage report which is going to be wonderful unless you are a real person then not so much. So expect more pressure on the PM over the next 2 weeks. Then October starts and the tide will turn again to our advantage. This is a good time to nibble over the next 2 weeks.
     
    Last edited: Sep 21, 2017
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  5. alor

    alor Well-Known Member Silver Stacker

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    hold that camera will you

    [​IMG]
     
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