The dollar is absolutely on a tear! It fell over a milligram, from 25.43 to 24.29mg. In silver terms, it fell even more dramatically, from 1.89 to 1.75g. ‘Course, most people still prefer to see this as a rising gold price—from $1,223 to $1,280 or $57—and a rising silver price—from $16.47 to $17.77 or $1.30. [...]
It seems clear that speculators took some interest into paper gold and silver last week.
One question by the way : was the gold rise in us dollar term in the previous decade due to rising speculators interest and/or physical buyers/hoarders ?
It seems clear that speculators took some interest into paper gold and silver last week.
One question by the way : was the gold rise in us dollar term in the previous decade due to rising speculators interest and/or physical buyers/hoarders ?
Great commentary Keith. Thank you