Precious metals investors (and even precious metals commentators) have a tendency to put the cart before the horse. We familiarize ourselves with the dramatic economic fundamentals which have an enormous impact on the value of precious metals (and the prices for all hard assets). We study the parameters of supply and demand for gold and silver. But we frequently omit learning about the intrinsic properties of these amazing metals.
Deny it. Engage in all kinds of mental gymnastics to dismiss it if you must, but the fact is the US dollar is rising, and not just because of negative developments abroad, but positive economic developments in the US.