The USD Bounces As Gold and Silver Tumble: That’s what we want!
Tuesday, July 31, 2007 at 10:04AM
Silver Prices in Silver
It was close. It was very close. The US Dollar Index went as low as 80.02, so very close to breaking down through though critical support at 80.

However, we didn’t want the USD to break 80, not yet and we were pleased to see the USD begin to bounce and believe it or not, we were happy to see gold and silver take a tumble.

Why?

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