gold, page-1893

1. DX, USD Dollar Index, is lower and therefore the metal prices, in particular for gold, might be higher;
2. US FED might not raise the interest rates as often as expected, meaning the USD, ie. DXY could stay low, between 88-95;
3. The current Gold-to-Silver ratio is about 74 (1290/17.51), at the higher end of the historic trend which is between 22 (in 1970s) and 94 (in 1990s) while the past 5 years were 65(Year 2014), 59, 54, 44, 61(Year 2010). If both the gold and silver prices will go up, the price of silver would go up faster than that of gold and therefore to buy silver might be still better than buying silver;
4. China owns silver than any other country and silver was the traditional value reserve of Chinese History until around 100 years ago. If CHN decides to counter the power of the western socities, they will buy more silver and its price will be accelerated.

Any view is welcome.

I.m.o. D.y.o.r.