PLEASE NOTE I AM NOT A FINANCIAL ADVISOR.
The perception that the gold price is linked to the US$ was destroyed this month when the price of gold rose 15% higher than what it was at the start of the month – relative to the US$. In precious metals, silver is the one to watch because it’s traditional historical relationship to gold is 30 silver to one gold ounce. At the moment it is closer to 90 silver to one gold ounce.