When the DOLLAR was this low before
Gold was around $1970 - $2000.
The yield on the 10 year was around .72
Today its .808
When America has too fund itself and its deficits it has too increase its yield!
Investors the bigger then big boys, the hedge funds, pension funds , soverign funds they want a return on capital hence the yield has too go up. As this happens the US Dollar goes down like today! And gold should go up!
But gold is being suppressed in my view.