“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:
“Hurry Up and Die”: The Inescapable Outcome of Socialized Medicine
These False Flags Were Used To Start A War
Born Libertarian: Doug Casey on Ron Paul and the Price of Freedom
Hacking Law and Governance with Startup Cities
It's Not "If;" It's "When"
How to Lose Friends, Citizens and Influence
Bill Bonner: You Say You Want a Revolution
Law professor: Should 3rd Amendment prevent government spying?
Jacob Hornberger: Replacing The Welfare-Warfare State With A Free Society
John Hussman: Judging the Future at a Speculative Peak
The Only Truly Compliant, Submissive Citizen Is a Dead One
Better “Safe Haven” – Switzerland or Canada?
Central Bankers' Nightmare: Goldman Sachs Might Go Bust
Secrets and Lies of the Bailout
North Korea and the United States: Will the Real Aggressor Please Stand Down?