For the “Macro Men” on our desk here in the Haven, this makes perfect sense. These macro indicators are all correlated.
Don’t short gold; buy it on down days. Don’t buy it on the 1st down day like today – wait on it; patience has paid in this market and it will pay you here. There is a solid gold support line built up at $801/oz (see chart).
“Re-Flation” cometh. This is The New Reality.