From Justin Dove, Editor, The Crux:
The U.S. Dollar Index just reached a new 52-week low… and that’s good news for gold.
As DailyWealth Trader editor Ben Morris explained in a recent post, the movement in the U.S. Dollar Index has a big effect on the price of gold. It’s all thanks to a concept he calls “two sides to every price.” Here’s what it means…
When most folks think about the price of something, they simply think about its cost in their home currency. A book costs $10… or a bottle of wine costs $30. In day-to-day life, that line of thinking is fine. But it’s only one side of the story.
When you’re looking at investments, it’s useful to look at both sides…
On one side of a price, you have the product, service, or asset being measured. That’s the book… the bottle of wine… the ounce of…
