Euro and PMs?

Feel free to post your economic, business and political news, reports, and predictions concerning the U.S., Canadian, and world economy here. Please keep threads and posts on-topic.

Euro and PMs?

Postby 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?

Postby 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.
User avatar
DRP270
Penny Pincher Member
 
Posts: 242
Joined: Tue Nov 08, 2011 12:25 pm

Re: Euro and PMs?

Postby 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.
User avatar
avidbrandy
Penny Hoarding Member
 
Posts: 573
Joined: Tue May 03, 2011 6:22 pm
Location: Texas

Re: Euro and PMs?

Postby 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.
User avatar
Sheikh_yer_Bu'Tay
Super Post Hoarder
 
Posts: 3111
Joined: Sun Jun 27, 2010 10:00 am


Return to Economic & Business News, Reports, and Predictions

Who is online

Users browsing this forum: No registered users and 25 guests