How Will a Potential US Dollar Decline Affect Gold and Stocks?
Chris joins Jim Goddard from The Goddard Report to explore what will happen to the market and precious metals with a lower dollar. Gold and silver have experienced a sell-off last week and we may experience another leg down this week, especially if the dollar hits bottom and starts climbing. We do not expect a crash in precious metals prices in the short term, and we remain long on precious metals in the long-term. Major indexes are trending up to new highs again, although more than half of the stocks are flat or down. We do not expect a crash in precious metals prices in the short term, and we remain long on precious metals in the long-term.
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