Hold on...the dollar just recovered most of its losses from yesterday

Discussion

Yet, the silver price is still 26.9. Too early to tell if it will hold, but in the last weeks, that dxy recovery would constitute a bigger drop in price.

I stress though. To early to tell if it holds

Posted May 4, 2021, 7:37 AM UTC

482
Vegetable-Vanilla-51Silver Surfer 🏄•

The relationship between gold and the dollar will soon break. The dollar's value is relative to other fiat currencies. The dollar will at some point become very strong because it is the best of the shit currencies. A rising dollar will, at some point in the not too distant future, NOT put downward pressure on gold.

1
FrustPerOP•

Yeah, I’m hopeful this will be the case

1