Replies to post #35172 on iShares Silver Trust (SLV)

[surfer44]

What does silver gold do when oil drops?

Drops. But that is conventional thinking. Dollar is at an all-time high. What happens to gold and silver when the dollar drops?

Also, China, Russia, and other countries won't use bitcoin as a currency. They would use gold.

I also have the idea that mining gold and silver is one way of stimulating a depressed economy i.e it creates jobs and a whole eco-system.

***It's amazing to me that such a poor country as India is so into gold. Most average Americans can't afford gold.