Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST)

[StockItOut]

What I notice is,
The gold to yen 2016 breakout is still well within the previous highs of 1585.17 on April 10th, 2013, and 1549.16 on January 22nd, 2015, and in fact is under the down-sloping trendline from such previous highs, and as recently made, is on a gap-up. Or gap-down and upper sloping trendline on the yen to gold ratio. Gaps tend to fill. My bet is the two, yen and gold, gold and yen, will continue to align for some time, a relationship you have pointed out for quite some time now. They have for short terms broken correlation to then again realign, also as you have pointed out in the recent past. Yet, I too have noticed gold higher than yen by some, as of late, as you just posted. We'll see how it plays out.