The Phaserl


Dollar, Euro and Their Influence on Precious Metals

by Przemyslaw Radomski, Gold Seek:

In our essay on precious metals from Nov. 22, we focused on the markets from the long-term perspective. As we wrote in the summary:

(…) the final bottom for the decline in gold, silver and mining stocks doesn’t seem to be in just yet.

On the next trading day, after the essay was posted, gold, silver and mining stocks declined and dropped to their fresh monthly lows. Although we’ve seens some improvement in recent days, precious metals still have been trading in the narrow range.

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