Not only are the monkeys triumphing over the DJI, they are *sob* triumphing over IFO. We never said we were a genius, but this is downright embarrasing.
Gold hit $1723, Silver reached $33.28, Oil is also higher at $104.06. Kitco notes that most of the change is due to “the weakening of the U.S. dollar.” We can certainly attest to that.
The NVS dividend of SFr 2.25/year is now at USD 2.45. We remember when it used to take two or three SFrs to equal one USD! That’s how much the dollar is weakening.