Euro and PMs?
4 posts
• Page 1 of 1
Euro and PMs?
by Mossy » Tue Nov 29, 2011 1:36 pm
How odd. The news media is going nuts on the Euro, but gold and silver just lays there, near flat?
- Mossy
- 1000+ Penny Miser Member
- Posts: 1764
- Joined: Mon Feb 14, 2011 6:45 pm
Re: Euro and PMs?
by DRP270 » Tue Nov 29, 2011 10:06 pm
Give it time. Just think, the Euro tanks which makes the USD go up but PM are flat.
-
DRP270 - Penny Pincher Member
- Posts: 242
- Joined: Tue Nov 08, 2011 12:25 pm
Re: Euro and PMs?
by avidbrandy » Sun Dec 04, 2011 10:16 am
Yea I've been shorting the Euro against the USD. Made a good bit on it in the last 3 weeks. When the dollar index goes up significantly the way it has recently it usually sends PMs down, so for PMs to be flat makes me think they'll go up considerably when the USD enters a correction or starts to drop in any way again.
-
avidbrandy - Penny Hoarding Member
- Posts: 573
- Joined: Tue May 03, 2011 6:22 pm
- Location: Texas
Re: Euro and PMs?
by Sheikh_yer_Bu'Tay » Sun Dec 04, 2011 12:23 pm
avidbrandy wrote:Yea I've been shorting the Euro against the USD. Made a good bit on it in the last 3 weeks. When the dollar index goes up significantly the way it has recently it usually sends PMs down, so for PMs to be flat makes me think they'll go up considerably when the USD enters a correction or starts to drop in any way again.
Time to back up the trucks and fill'er up (again)! Everyone who frequents RealCent already knows the general consensus here. The only real question now is: When? When will PM's zoom to the moon
When I die, I want to go like Grandpa did. He died in his sleep..... Not screaming and hollering like all the passengers in his car.
-
Sheikh_yer_Bu'Tay - Super Post Hoarder
- Posts: 3111
- Joined: Sun Jun 27, 2010 10:00 am
4 posts
• Page 1 of 1
Return to Economic & Business News, Reports, and Predictions
Who is online
Users browsing this forum: No registered users and 36 guests