I had long suspected that stock market post MAY 2015 where traditionally selloff begins in OZ will have another X'mas rally. No idea if it will break the 6,000points mark. This is reminiscent of the Taper tantrums where the noisy opinions were shouting that without QE, stockmarkets in US followed by international ones would collapse. It didn't. This time around, the noise got louder but the US stock markets will probably have a more rapid time in testing the resistance.
If I was betting for a gold trigger, I would be hoping for Feds rate rise asap. I may be simplistic but I view gold as an inflation hedge. US market collapse, everything would be sold off in all the risk sectors and using history as a gauge, USD+TBonds are KING.
I am not sure what the logic of gold bug is when hoping for a US economic implosion.
