wow gold is increasing decoupling from US dollarUsually gold correlates with the US dollar. When the dollar goes up - gold goes down - and vice versa.
Gold keeps its value doing that. When markets get excited about gold here is what happens : the dollar goes up then gold would usually go down.But not now. Excited asian traders are saying 'WTF I dont care about the US dollar anymore - gold go up too even if it defies safe practices, this is a new era man '' .
A new era.
Now there is a new casino in town and it excites all the traders they are rushing into goldrush casino notwithstanding US dollar value. That is rare and is indicative in my view of line ups to enter the new casino, same thing,and it includes banks and big funds too.
I knew this would start .... they are here boys and girls , ready to play. We have the advantage now.