USD Index

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U.S. Dollar Down 10% In 6 Months - Heading Back To Lower Weighted Average

14 Apr 2023 5 minute read 0 comments SweptOverNiagara

As I'm writing this post, I am looking at a graph of the U.S. Dollar Index at TradingView.com going all the way back to 1967. It shows very chaotic dollar movements while at the same time, shows exactly where key historical events occurred, such as t...

Gold $2,000 - Bitcoin $28,000 - Silver Just $22?

20 Mar 2023 4 minute read 8 comments SweptOverNiagara

A deal has been pushed through at the 11th hour regarding the collapse of Credit Suisse after it was revealed that UBS would take over the troubled bank for $3 billion along with a guarantee of $8 billion francs from the Swiss government and $100 bil...

Silver Smacked Down For No Apparent Reason

23 Jan 2023 2 minute read 5 comments SweptOverNiagara

Precious metals are down today, especially silver which is usually the most volatile in the PM group. Silver has dropped more than a dollar starting in the early morning hours and sharply just after 8 am when the NYMex came online. Over the years, I'...

Precious Metals Holding End of Year Gains

29 Dec 2022 4 minute read 0 comments SweptOverNiagara

It's been a very tough year for cryptos and precious metals as well as geopolitics while oil and the U.S. dollar boomed. The oil industry, which was hit hard by low oil prices in the last few years, reaped sudden profits this year as oil went back ov...

Gold Silver Pop / Bitcoin Drops $2,000 Ahead of Midterms

8 Nov 2022 1 minute read 0 comments SweptOverNiagara

Quick Update: This morning both gold and silver popped which appears to have something to do with the midterm elections in the USA. Other than that. there doesn't seem to be anything else that would cause gold and silver to jump as much as it did. As...