Red Label POG theory update;

From Dec 16 and July 18 IMO a correlation between GC1! And DX1! appeared to range in the following correlation from being overbought oversold +/-3 %. Ie (1200/DXY*100= Price of Gold (Spot)).

As expected this correlation was eventually to be broken, as in July of 2018. So what was actually witnessed was Gold being held to a value of $1200 US if the dxy was a 100 for a year and a half? Maybe? That would be manipulation but who cares everything gets manipulated and managed by the PTB if they can IMO?

The fact was I could not look at Gold relative to $1200/DXY 100 ratio any longer. What if the reverse logic where a more suitable way too observe the value of $Gold. Correct the real time value of $Gold to be viewed if corrected as if the DXY never deviated from 100. Some would say this is Gold in Euro’s…. rather disagree too say this is the value of $Gold and the $US dollar together (Not too much different theory as if you were buying a foreign car? No). It would put an end to the, careful what you wish for demise of the $US. Do you really want to live through the end of the $US as the reserve currency or just see your Gold investments rise in value in relation to the $US? I personally just want to profit off the Gold trade and enjoy the status quo but I guess if you are from a country that used to have the reserve currency well I guess there may be some other reason to wish for a $US demise?

It’s not real complicated; GC1!*DX1!/100=Value of $GOLD(US) IMO. For anyone not denominated in $US rather some other Fiat this will make sense. Interestingly enough IMO the HUI and GDX ratio to GC1! can be correlated based on the “illusion” of the value of Gold not corrected for the value expressed in the change in value of the DXY, but that is for another post…… As said above the GDX and HUI seems to be out of step and I like it that way lol……!

Do your own due diligence and GLTA……

Interestingly enough the Apex of the triangle is about $1198……..? Go figure? The increase in the value of Gold along with the $US in the chart since Oct 18’ is beautiful IMO….