US $The US $ is about at its 200 day moving average at the moment. We might see a bounce from here. If it breaks that 200 day moving average to the downside, it should be extremely good for gold IMO. What is going on right now is that the market expects the Fed will start another round of quantitative easing (i.e. Bernanke drops dollar bills from an helicopter).
https://stockcharts.com/h-sc/ui?s=%24USD
It's been extremely fun to have Osisko in my portfolio in the last months. Not sure exactly why it has been going up like that while other gold stock were going, but I'm not complaining. The take over rumor hypothesis seems the most likely explanation, or perhaps it's just because construction is going as planned and the market is starting to price OSK as it is becoming a producer.
GLTA