Search Blog Posts

Friday, May 25, 2012

Gold Up. Silver Up. USD... Up?

Posted by Charleston Voice, 05.25.12

Nobody can present it clearer than ZeroHedge.While we had noticed on Wednesday that gold AND the US$ were both appreciating together we did not recognize the trend taking shape.




Is this the overwhelming exodus of 'real-not-synthetic' Euros finding safety? Or just an aberration? It seems yet another event-risk-driven divergence is occurring as different asset-classes seem to be disagreeing over who will do the printing (when, not if, they print) and whether the mattress or barbarous relics offer most protection.



Chart: Bloomberg