GOLD 0.51% $1,391.7 gold futures

It does look like the steep climb in the USD$ will have its toll...

  1. 721 Posts.
    It does look like the steep climb in the USD$ will have its toll on US equity markets:

    "Recent sharp gains in the U.S. dollar .DXY have increased worries about the currency's impact on the earnings of U.S. multinationals. S&P 500 earnings projections for the first quarter and for 2015 have fallen sharply since Jan. 1."

    http://www.reuters.com/article/2015/03/20/us-markets-stocks-us-idUSKBN0MG19320150320

    There could be a substantial pull back on the USD$.

    Copper and Silver up substantially yesterday - 4% increases. Gold less so at 1%. It's going to be an interesting few weeks/months.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.