TSXV:SLX.P - Post by User
Comment by
whypromoteon Apr 04, 2011 1:39pm
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Post# 18382403
RE: RE: RE: RE: I'll Get IT Right Eventually - May
RE: RE: RE: RE: I'll Get IT Right Eventually - MayInverse relationship....my main point - since last summer's ramp.
Silver/US Dollar
https://stockcharts.com/h-sc/ui?s=$SILVER:$USD&p=D&yr=1&mn=0&dy=0&id=p39194094994
Dollar rolled over from 84 to 73ish from sept to nov? Silver ramped then slowed when the $ bounced.
https://stockcharts.com/h-sc/ui?s=$USD&p=D&yr=1&mn=0&dy=0&id=p85588428065
Silver took off again when the $$ rolled over after a bounce in feb of this year.
Nothing is exact and there is lag but the chart you sent - look at the " sept cross "...off to the races.
Since last summer...when have the metals rallied, more than a few days, when the dollar was going up?
ZERO!
Inverse trade is mindless.........it will end. If and when we decouple from the $$ - meaning PM's can go up when the $$ goes up.....has happened before. That will be double down time.
p