Mon. Nov 18th, 2019

Timor Invest

Gold Bullion and Cryptocurrency investing news

Citi predicts the greenback could weaken ‘substantially’ — to as low as 85 on the dollar index

1 min read

CNBC/Abigail Ng/11-1-2019

USAGOLD note:  That would amount to a 12.5% drop from current levels – a major adjustment in the realm of currency trading, and an event that could reverberate significantly in the gold and silver markets. As you can see, the greenback is already in a downtrend.

Chart of the U.S. Dollar Index 2019 year to date

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