One way to hedge the dollar

The dollar is sinking because of the loss of or competitiveness.

This chart seems to suggest an inverse relationship between gold and the dollar(click on the chart to enlarge it).

Please note that the two prices are "coincident". In other words, you cannot use one to forecast the other. You still have to make a prediction on the direction of the dollar or gold.

To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.

I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.

George Dagnino, PhD
Editor, since 1977
Ranked in the Top 10 for 12, 6, and 3 months for market timing by Timer Digest

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