Quote:
Originally Posted by Barry-xlovecam
Guess where the smart money went?
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Euro hit a low of 1.11 to USD today and when it hits record lows everyone will show surprise. What interests me is how Gold and Silver are up in the face of a stronger dollar when usually they are inversely correlated to the USD. Now when the USD has finished that uptrend, metals will get even more pop.
So far this year (Just One Month In) Gold is up:
10% in USD
10% in CNY
11% in AUD
14% in GBP
17% in CAD
17% in EUR