CLH wrote: "most people still think that gold is going up when the dollar is going up. Not possible."
It is possible, when there is a lot of turmoil (political, economic, etc.) outside the U.S. relative the U.S. itself both gold and U.S. currency can appreciate. Of course, depending on the relative demand and supply of each their relative prices will fluctuate with respect to each other.
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CLH wrote: "most people still think that gold is going up when the dollar is going up. Not possible."
Oct 09 12:54 pm
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All Comments by 2bz »Deflation Changes the Rules [View article]
It is possible, when there is a lot of turmoil (political, economic, etc.) outside the U.S. relative the U.S. itself both gold and U.S. currency can appreciate. Of course, depending on the relative demand and supply of each their relative prices will fluctuate with respect to each other.