How much might the $US bounce? Seems like 10% is entirely possible. If that happens, Gold should drop somewhat more, in the 20% area (the $US is up 1% from its low, and GOld has fallen 4% in the same period). If that seems like a lot, imagine the panic in the precious metals crowd when the $US rises from the grave and begins eating unsuspecting passersby.
Hard work often pays off over time,
but laziness always pays off right now.