Gold & Silver Much Stronger Than King Dollar Of Late
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When one looks back over the past few years, King Dollar has been much stronger than Gold & Silver by a big percentage. The above ratio of the Dollar compared to Gold, reflects a strong trend downward (Dollar stronger than Gold). It's been best to own the Dollar over the metals since 2011.
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The above chart is a 30-day performance comparison of the metals to the US$. As you can see gold has almost been twice as strong as the Dollar and Silver is almost three times as strong. Want to make this clear at this point...30-days does NOT make a trend. Is a reversal in play and investors should now own Gold & Silver over King Dollar?
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Disclosure: None.