Inflation is always in the background for those of us who follow metals. But lately, with the dollar weakening and both stocks and hard assets rising together, it feels worth revisiting a simple question.

The Dollar has had a few months to forget, after hitting continuous lows against the Euro, the pair has seen over 500 pips wiped off its value.

The Payrolls Employment Report in the United States released earlier this week was stronger than expected.

The Federal Reserve put interest rate cuts on pause at the January meeting. The central bankers cited expanding economic activity and a stable labor market as reasons for the pause.