Been questioning the same... if the dollar loses value, then how do precious metals lose dollar value? How in the hell does that work?!? Rigged!
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Been questioning the same... if the dollar loses value, then how do precious metals lose dollar value? How in the hell does that work?!? Rigged!
The US Dollar went up in this instance.
But, go and have a look at what markets did when the GFC hit in 2008. Gold got slammed, even though it is an ideal safe haven asset - CASH is where you want to be when there is a credit crunch.