Mining Stock Quotes and Mineral & Metal Prices
October 2016 by Staff
Perhaps the first and most important is the fact that the foreign exchange value of the US Dollar has been going down steadily for several months. As the value of the Dollar goes down, the price of goods in Dollar terms tend to go up…
When one of the major currencies in the world begins to decline steadily, based on monetary history we would expect a bias toward positive movements in the precious metals.
It appears that market softness due to a slowing Chinese economy may already have affected precious and base metals quotes.
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