Charts Today April 20, 2018 | Gold Rally Over? US Dollar Rally Begun?



Stock Charts Today April 20, 2018 | Gold Rally Over? US Dollar Rally Begun? In stock charts analysis we review the symbols that our members submit for me to …

3 Comments

  1. Clearly the author doesn't "get it" as to why a stronger USD isn't necessarily bad – and can be good – for gold mining equities. Most gold is currently mined outside of the US. Mining expenses (aside from fuel) are denominated in local currency – especially labor. Gold is universally priced in USD. All other things equal – stronger USD is a positive carry for miners. Get it?

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