“One of the most widely accepted truisms in what passes for our financial media is that the dollar and gold are correlated: when the dollar weakens, gold rises, and when gold rises, the dollar declines. Nice, except this vaunted correlation isn’t remotely visible in the charts. Conclusion: there is no correlation between gold and the U.S. dollar index. Not even close.The two move independently; any apparent correlation is semi-random signal noise. They are not on a simplistic see-saw.”
http://charleshughsmith.blogspot.com/2013/07/about-that-supposed-correlation-of-us.html
Related posts:
It's Not "If;" It's "When"
Donald Trump didn't create presidential dictatorship -- he inherited it
The Largest Gold Share Rise of All Time
Karl Hess: Tools to Dismantle the State
Doug Casey – Let’s Do A Tour Around The World
Bill Bonner: What I'm Doing With My Money Now
Nazi gold and currency wars - A full guide
David Galland: “Trained-Monkey Collaborators of Death”
Central Planning Ignores the Needs of Women
Chris Hedges: The Treason of the Intellectuals
Be Prepared When the ATMs Go Dark…
How the US government inadvertently created Wikileaks
In Gold We Trust 2014
John Hussman: Brexit and the Bubble in Search of A Pin
Extremely Serious Privacy Problem in America