Dollar is days are nearing an end and how they determine that in their reports is that. The gold price so do you see those 2. 00 as being related and are they a little bit too doing gloom and that the u. S. Dollar is ending soon the answer to that is yes they are related but i would put it slightly differently from the way Goldman Sachs describes it there was a day earlier in this year when everything changed it was rather like you know the tide stopped going out and started coming in all from how the port if you stop coming in as a going out and that was the 23rd of march between more or less the beginning of the year and the 23rd of march markets sank the s. And p. Lost a 3rd of its value you had gold was just absolutely knocked down i mean certainly the open interest was not down there the price was a lot more resilient than you would have thought and so there were various things that really were hit i mean even cohen sort of was pretty weak in those in the at that early time but th
Resolving economic problems and at that moment the markets switched from being worried about deflation to suddenly thinking the outlook is inflation the s. And p. Took off and we are where we are now gold and silver took off the gold silver ratio collapsed from 120 down to current 70 ought they call and took off oil took off so there was that moment and i think we discussed this in an earlier. Cost with the video with the when go dipped in april because of delivery problems on cemex but apart from that oil also basically took off so did copper dock to copper which tells us that. You know the outlook was considerably improved after the fed turned around and said we will. Print whatever it takes and it was also the day when the dollars trade weighted talked and it hasnt really stopped falling since that so 23rd of march i think is a date we should all put in our diaries that was when the world changed and it is so reebok couple that any idea that for example gold is had a wonderful run t
Baby of the week: Grangemouth tot James Ramsay falkirkherald.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from falkirkherald.co.uk Daily Mail and Mail on Sunday newspapers.
Women help deliver their babies by caesarean section miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.