Gold is getting close to a bottom, I think. Dow is just beginning its sell off.
What you said makes sense. Dow is too high, after a long bull run, and gold only 8 months ago came off extreme lows after a three year bear run.
I’m thinking TPTB via COMEX will bash the US Dollar back down on purpose, very soon. The Dollar imo is in a little rally since May, futures players dollar bulls having fun until the Fed bashes them.
I’m saying “the dollar is in the graveyard in the sky above 82” where it needs to be, to help the US economy.
Dollar chart, double top and net lower YTD.
http://schrts.co/JhBi51
Gold:
http://schrts.co/604y9M
Gold:
http://schrts.co/oQh5Dv