The VALUE of precious metal is not going up. What IS going up is EVERY international currency - they are going up against the dollar. That makes the dollar less valuable. That means it takes more dollars to buy the same amount of PM than it did when the dollar had more value.
When the dollar gains against the international currencies, the price of PM will go DOWN in dollars.
AS THE PRICE OF PM INCREASES AGAINST THE DOLLAR, IT MEANS YOUR DOLLARS ARE BECOMING LESS VALUABLE. IT DOES NOT MEAN THE VALUE OF THE DOLLAR IS STABLE AND PMS ARE INCREASING IN VALUE!
DOLLARS ARE NOT BACKED BY PM ANYMORE!
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