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07:16 AM
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Breaking (Again): Dollar Index Dropping, Gold Rising. Precursor for the coming week?
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[quote:Anonymous Coward 1145947:MV8xMjM2NzUzXzIwMTUzMDYyXzY1QjIyQUI4] [quote:Anonymous Coward 1144116] With the cost of food up 40% and clothing up 20% and gas way up, education cost up by 40% buying gold is a joke anyways. Yeah why buy anything that keeps up with inflation. :crazy: [b]Inflation is only up 1 % this year.[/b] Look it up. The above mentioned is different. [/quote] :1rof1: :1rof1: :1rof1: :1rof1: :1rof1: :pennywise: [/quote]
Original Message
Interesting to see the US dollar losing ground yet again as the dollar index goes back towards a downward trend:
[
link to quotes.ino.com
]
(77.191 at the time of posting)
Meanwhile, gold is rising due to "predominant buying" (icrease of usd 11.80 as of now) on Kitco, with the dollar value weakening (increasing +1.40 usd as of now)
[
link to www.kitco.com
]
-- What will next Monday/Tuesday bring?
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