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RE: Buy Silver

in #investing8 years ago

We should closely observe US dollar, because it's no more in peg with stocks - so dollar was pro-hossa currency and now is pro-bessa currency. We can see this at charts for stocks, commodities, UST yields - all of these are rising!. Moreover, ratio Nikkei/S&P500 have reversed its curve and are no more in peg with USD/JPY - it confirms that when dollar will rise, then stocks, commodities, PMs will plunge (and bonds will rise). So when it happend? Correction for dollar statisticly last 2 - 4 weeks - it depends from plunge momentum. And now dollar is extreme oversold and its next hard-breaking support level is 96,10 - 96,50! The fall of dollar has started 11th May, so in next week for 99% dollar will rise - in my opinion it may be happen between Monday and Wednesday. Cryptocurrencies often rise when stocks market fall!

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