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Euro and PMs?
Posted:
Tue Nov 29, 2011 1:36 pm
by Mossy
How odd. The news media is going nuts on the Euro, but gold and silver just lays there, near flat?
Re: Euro and PMs?
Posted:
Tue Nov 29, 2011 10:06 pm
by DRP270
Give it time. Just think, the Euro tanks which makes the USD go up but PM are flat.
Re: Euro and PMs?
Posted:
Sun Dec 04, 2011 10:16 am
by avidbrandy
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.
Re: Euro and PMs?
Posted:
Sun Dec 04, 2011 12:23 pm
by Sheikh_yer_Bu'Tay
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