“In conclusion, the dollar is likely to rise as every other central bank prints their currency into oblivion, and this could weigh on Gold in the short-term, but the US and the world cannot stand a stronger dollar for very long. The Fed will be forced to do its own dirty work and prop up US stocks and bonds and sacrifice the dollar in the process. This means a Fed policy reversal to rate cuts and QE is inevitable, as is a Gold price multiples higher from here. It’s only a matter of time now: months, not years.“
https://www.zerohedge.com/news/2019-03-07/gold-soar-central-banks-try-play-god-again-david-brady
Might be the beginning of what we’re seeing with gold holding up even as the USD continues to rise. WTFDIK?? 🙂