Any News Is Bad News for Stocks – Ep 838
The Peter Schiff Show Podcast
00:00
Gold and the Mining Stocks Traded to New Loads on Friday
On friday the g d x was up three point two %, but it still lost four and a half % on the week. Silver managed to close friday up 25 cents, back above 18 dollars an ounce in 18 o five. Of course, as you would expect, as gold and silver were falling on the week, the us. Dollar rose. In fact, a dollar index rose from closing at one o eight 80 last week to one o nine 60. So obviously the dollar index has some more room to go on the upside. Again, i think the dollars upsid is cap.
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