That the selling of US bonds creates demand for dollars? Any of you market officianados know if this is the case? Kind of makes sense, and I probably used to know this stuff. I suppose I could run a comp chart to see if the dollars’ ascent tracks with the rising rates.
Also noticing a discrepancy between GDX down 1% and the HUI down 1.76%. I’m guessing that there are some different components in each? NUGT at 2x is only down 1.88%. I’m so confused. 🙂
Gold is a champ, just on a steady road higher regardless of what anything else is doing. Beautiful.