Resolved Question
Why is oil and gold going down when Dollar is going down?
It was a normal trend when dollar went up interanalysis also went up. Similarly when dollar went down interanalysis also came down. Now it is reacting in a different way. What is the reason for that?
over 2 years ago
Answers (2)
In a word; MANIPULATION to a degree, plus complex counter currents that impact traders with conflicting viewpoints of reality. Many times the market makes moves that are counter intuitive due to hidden agendas, complex reactions that make no sense on the surface.
over 2 years ago
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Gold is doing great.It has risen for 8 years in a row now.Name one other investment that has done this well.As long as the U.S. empire continues to decline(decline began about 1970 by my observations) then we can expect it's common stock,the U.S. Dollar,to continue to decline and real money,gold to increase in Dollar terms.Not brain surgery to figure this out.Wait until the Obama honeymoon is over,in a few months.Then gold likely to soar as citizens/investors give up hope this guy or anyone can perform miracles and save the U.S. Titanic from sinking.
over 2 years ago
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