An eagle-eyed subscriber to The Macro Show noted the change in the correlation between the dollar and gold on Thursday's edition. Hedgeye CEO Keith McCullough provided three reasons why the data pointed towards bullish signals for gold.

"That's the best thing you can buy on a volatility adjusted basis today," McCullough says.

Watch the clip for more.

McCullough: This Signal is (Very) Bullish For Gold - TMS Banner