The dollar will NOT rise until interest rates go up. I don't see interest rates going up anytime soon. The economy cannot take a rise in rates because employment is still weakening. ZSL is near an implosion price. Silver will bounce up sharply real soon.
The dollar will rise on weakness in Europe. Sad to say another earthquacke in Japan today. As our yields rise you will see more money flow here and dollar firm up. Silver and gold will drop. ZSL $28-$30.
Agreed, dollar rally likely. It'll last until the broad equities market shows some real pain, then QEIII will happen. So you're going to see more weakness in PMs and probably get some decent buying opportunities for them again when QEIII gets priced in.
Trade it & dont be a bag holder in either direction.