Interesting
Well, I’ll say it again, Graddhy nailed it with his dollar prediction. 97 just gave way, and gold is reacting (the miners not so much, yet). At some point, this dollar ‘weakness’ is probably going to give gold the push it needs, yes, I know gold is more closely tied to the Yen, but even so…
I’m also wondering how much the PMs and associated stocks are suffering as money pours into crypto-currencies. I made my first (small) purchases a couple of days ago. I just wanted to see how easy or difficult it is. Took about 30 minutes. Up over 10% on Etherium already. I still don’t really trust it though.
As I said, dollar dropping, gold rising modestly. Here’s a couple of charts…