What will the Silver price do if the dollar gains value in 6 months ? Up or Down ?


Although its not a solid inverse correlation (dollar up=silver down) there is enough correlation that generally, a dollar rally such as we saw in Jan 2010 tends to push silver and other commodities down in price. However, in an extreme case such as the fall of 2008 where the Dow fell quickly, the dollar went up, and billions moved into silver futures. There is more to the Silver Price than just the US Dollar.

One Response to “What will the Silver price do if the dollar gains value in 6 months ? Up or Down ?”

  • UnclePug says:

    Although its not a solid inverse correlation (dollar up=silver down) there is enough correlation that generally, a dollar rally such as we saw in Jan 2010 tends to push silver and other commodities down in price. However, in an extreme case such as the fall of 2008 where the Dow fell quickly, the dollar went up, and billions moved into silver futures. There is more to the silver price than just the US Dollar.
    References :

Leave a Reply

Gold Delivery
All GoldMoney customers can redeem and take physical delivery of their gold in handy units of 100 gram or one kilo (1,000 gram) gold bars. Through our partnership with Baird & Co. Limited in London, England, a major refiner in the UK, conversion of goldgrams into physical gold bars for insured international mailing or collection may be completed at any time.

>> Click here for
www.GoldMoney.com

To convert your goldgrams into one or more GoldMoney bars, log into your Holding and select "Redeem Gold > GoldMoney Bars". Then choose the quantity of bars you would like to receive and specify whether you want them shipped to you by insured mail or if you will collect the bars at Baird & Co's premises in London. Your order will then be processed within one business day, and you can track the status of your order directly within your Holding.

Pages