Fiats are breaking down
With this extension of my “Yen Mysteries” https://goldtadise.com/?p=453464 … following some leads from Red Label…
If I did this correctly… gold expressed in the DXY basket … https://en.wikipedia.org/wiki/U.S._Dollar_Index
… gives similar results for correlation and weight of evidence signals that we are in a gold bull era.. thus in a current an intense debasement of fiat currencies. For some strange reason, I couldn’t /100 as that dropped about a decade of data.. weird.
Now… added correlation with gold expressed in wcu… signals less pronounced. Also, tradingview.com didn’t have that much back data for it…
Indeed. Fiat debasement continues unabated. Thanks for the charts Patrick 🙂