Precious Metals and The US Dollar

Hi Dave,

What is your outlook for precious metals (gold, silver and miners) as well as the US Dollar?

Thanks,

Matthew B. – Warsaw Poland

Thanks for the question Matthew.

As we all know, the metals have been lousy performers this year.

Regardless, my longer-term view remains bullish. This is purely from a fundamental standpoint (insane Central Bank policies) not technical at this juncture. At some point gold, silver and the miners will also look far more attractive technically as well.

For the US Dollar, the recent break below 99 in the Dollar Index puts a bearish outlook in place.

Hope that helps,

Dave

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