Wow
Definately some disconnects all over re Currencies and Gold
This is getting Interesting
as Mr Yen points out The Yen has been dropping hard but Gold has not…since Nov 7
Matrix said the key would be the Swiss frank as IF the Swiss vote yes to the gold
referendum the frank would strengthen and so would gold
also of course Gold goes dow with the euro ..usually
Well…this morning Draghi must have said something euro negative
The Swiss frank and euro are tanking hard but Gold is going UP !
That is a huge disconnect so far…just one day BUT !
Also note the Aussie Dollar (commodity currency) is up very strongly today
I think this usually means China is reporting good economic expansion
so maybe gold is trading off of that !!
Sheesh….this is incredibly wild right now
Glad I am flat