Gold & Silver will skyrocket if equities start to trend higher
Gold & Silver are jumping because of the proposed fed rate cut (lowers the value of the dollar), and if the market comes back the money people have invested in “safe” treasuries will be put back into the market and the dollar will drop like a rock, pushing gold & silver sky high. If you want to keep track of the dollar index it is (DX-Y.NYB), or just search dollar index.
The reason treasuries will drop with increasing equities is because there are so many investors hiding out in treasuries right now that will switch back to equities if there is any sign that the volatility has come out of the market (^VIX). Of course there is still the fact that the economies of all of the other countries are not doing well either, and that is why there was a flight to the dollar.
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