Thursday, May 5, 2011

Chart of the day is....

...the USD index, weekly measurements.
One thing we can safely say about silverbugs (and most goldbugs, for that matter) is that they don't have a freakin' clue about how currencies work. The Austrian achilles heel, I suppose. So wanna tell me about how the demise of the greenback is automatically bullish for Ag one more time, guys?