>>>Hey Dan. I kind of expect the USD to go higher still, but what kind of a melt-up are we going to see in Gold if the USD begins correcting, and re-tests its lows.<<<
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I wonder about that myself, GT.... who is to say that the same strong inverse relationship will reappear any time soon, if at all.....
Like you, I know how it's supposed to work, but the way the PoG has followed the USD to the upside and pretty much ignored staying in step on the dollar's recent declines makes for considerable head scratching in the circles I travel in. <gg>
But being a major component of my four figure gold scenario, I'm guessing that the PoG will find 'old habits' hard to break and will follow the USD's eventual fall from grace by jumping for (a) joy or (b) higher and higher price levels.
At the very least, it is something to look forward to finding out about in real time.....
Dan