Silver's Wild Wall Street Rodeo: Bulls Stampede as Dollar Takes a Nap
Key Points
- Silver prices are thriving at $33.65, benefiting from a weak...
Ever noticed how silver prices and the U.S. dollar have the same relationship as cats and cucumbers? One spooks the other! As of April 24, silver's been living its best life at $33.65, thanks to a weaker greenback and Treasury yields that decided to take a chill pill.
Dollar's Diet Plan Working Too Well
The Dollar Index is hitting the gym in reverse, flexing three-year lows and inadvertently becoming silver's best wingman. When the dollar goes low, our shiny friend goes high - it's basic economics, but with more sparkle.
Durable Goods Gone Wild
Hold onto your trading terminals! March's...
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