Yes, the dollar climbs on world currency indexes, which incredibly drives PM prices a little lower in Americanaworld. But what? Should any PM investor worry? Is the U.S. economy out of the woods yet?
The clock is ticking and time is running out on the charade the Fed Reserve is running. Bernanke's warning that our economy is "significantly" in trouble is perhaps something more troubling than the Maestro allows. Markets today cringed today at Bernanke's injection of the word "significant" in his always wrong prognosis of the economy. He would have gained credibility in announcing that the end game is near.
Precious metals investments remain "golden". A slight gyration down today and perhaps the next day or two should be tolerated before the long climb to higher levels. Long on SLW!