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re: U.S. Dollar ...
Posted on 4/12/10 at 4:11 pm to RedStickBR
Posted on 4/12/10 at 4:11 pm to RedStickBR
Hypothetically, how would you play it?
2
Posted on 4/12/10 at 4:27 pm to John Merlyn
I think silver is undervalued in relation to gold, but gold is more closely correlated to the U.S. Dollar. Typically, as the dollar goes down, investors will flock to gold for a safe haven, causing gold prices to rise. Here's an interesting read on the relationship between Gold/Silver and Gold/Dollar.
LINK
LINK
Posted on 4/12/10 at 5:17 pm to John Merlyn
quote:I don't know how RedStick would do it, but I just went long in Iraqi dinars today.....
Hypothetically, how would you play it?
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