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S&P 500
5,564.41
(
1.08%
)
US TECH 100
19,292.00
(
-0.07%
)
Dow Jones
40,421.36
(
0.33%
)
Brent Oil
81.40
(
-0.15%
)
Bitcoin
66,517.09
(
-1.61%
)
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BAA_Up

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BAA_Up

Re: blackandgold post# 61091

Monday, 06/05/2017 10:51:22 AM

Monday, June 05, 2017 10:51:22 AM

Post# of 63744
gold is not up by demand but only USD weakness. EM moneyflows might well rush back to USD is search for safety.

That the dollar is a safe haven? You must go back before Nixon has eliminated the gold standard.
The yen and gold are declared as safe haven by the makers.
I do not know why. But it is so. That's why the two are like a couple.
The dollar is a reserve currency and is needed for the oil trade.
Whoever fights against is dead.
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