Loading ...I strongly suspect the “managers” of the global economy gave up on quantitative easing, and made a big abrupt policy change that they started in June by running the dollar straight up to stimulate Europe and other nations with weak, or deflationary prone economies. (a temporary shot in the arm)
Reason being the US exporters have been built up since 2008 to tolerate the burden (a temporary strangulation) with a stronger dollar for a while, and at the same time, US consumers would spend more and feel better with falling gasoline and heating oil. Its like getting a pay raise.
Dollar chart straight up:
Gold chart straight down:
These moves can’t possibly be natural market forces right?