Gold Sheep Sheared

Baa, baa. That’s the sound of the sheep that follow the crowd spouting bunkum that gold can’t go up if the US dollar goes up as well. This fallacy has been shown over the past couple of months for what it is – complete nonsense.
Both gold and the US dollar have surged in tandem the past couple of months. This is why I like to analyse each instrument on its own merits and not let my judgement of one be clouded by my view of another. This is often easier said than done mind you.