Loading ...If you look at the charts everything rotated at the same time in September. The dollar started dropping off highs. At the same time every thing else stated climbing off lows.
Gold $1650 and the miners bottomed along with the Dow in September. Normally we used to go opposite the Dow but this time we went down in sympathy with the Dow. Also in Sept Bonds started climbing, so rates started dropping in September too.
So the $64,000 question is, what the future direction of the Feds dollar and their rates going.
https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w1
Even all the energy’s bottomed couple months later in December.