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<p>[QUOTE="desertgem, post: 1089039, member: 15199"]To be honest, I was surprised about the PM uptick today until I noted that the USD index /DX was at a 78.0 level rather than the much higher ratio last week. It is now @ 77.87, so it it stays there or lower, I would expect PM gains tomorrow, unless other factors come into play, such as huge jump in the stock market, say to 12,050, or another black swan event. Yes, there are many factors in play in the PM market, and unfortunately , their importance and direction are usually only recognized after the fact.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1089039, member: 15199"]To be honest, I was surprised about the PM uptick today until I noted that the USD index /DX was at a 78.0 level rather than the much higher ratio last week. It is now @ 77.87, so it it stays there or lower, I would expect PM gains tomorrow, unless other factors come into play, such as huge jump in the stock market, say to 12,050, or another black swan event. Yes, there are many factors in play in the PM market, and unfortunately , their importance and direction are usually only recognized after the fact.[/QUOTE]
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