Screenshot HUI*DXY
Don’t look at these Fully these are useless lol…….
Thanks Schism looking for HUI*DXY
Had a thought (HUI multiplied by DXY) (HUI*DXY) may represent the value of the $US spent to purchase HUI at any point in time. Theory if you spend $1000US to purchase HUI when the $USD is 110 then the valuation of that same HUI (break even point) should equate to $1222.22 if the $USD is 90 and vice versa.
$GOLD, $SILVER, $COPPER & $WTIC bullish, bearish or indifferent?
Hmmm, I’m going to have to think about this. HUI and DXY can move in the same or different directions at various points, so I’m not too sure how to interpret this really. My brain hurts lol.
Just thought of charting this today.
Initial thoughts; adjusts $US commodity valuations historic and real time to a baseline 100 $USD Index maybe?
The timeframe 1997 2002 is interesting. It also adjusts NL’s, Top, Bottom(s)?
Still thinking myself.
I could never ignore a Red Label
Well …anyway you cut it slice it dice it (HUI /DXY) or (HUI X DXY) or just plain old ($HUI)
the HUI looks pathetic…..it is around the same value as it was at the Bottom of the GFC when Gold was
700. Sheesh
Now I am depressed.