Categorized | General Stuff

Bad Day(s) for Precious Metals

Posted on 15 April 2013 by Andrei

They fell a lot yesterday and even more today, wow.

So far, gold fell almost 9% today and silver fell almost 11%


Interesting stuff.

Maybe you were expecting me to post some kind of an elaborate explanation as to why the prices are falling like this. Sorry to disappoint you.

I honestly have no idea.

Either way, it seems the Dollar will probably do very well.

In my opinion, the Euro (which is ridiculously overvalued) and precious metals will most likely fall.

The Dollar will most likely rise and as more and more money flees from risky areas to the US, the US stock market might also do well. Not 100% sure about the stock market but when it comes to the Dollar, everything seems to indicate that it will go up in value.

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