Quite the divergence….If there is to be a mean reversion in favor of the co relation…it should be UP for Gold

Since the Yen has clearly broken out Up.

Now a look at the Ratio (Price of Gold in Yen)

What’s a Goldophile to think of this ?

Weekly Gold Price in Yen .. Ha…Bear Market Schmear Market…Nothing but a High Level Consolidation here…SO FAR

Note the Cycles