Joe "In the end, it is better to look at a chart independent of other factors since they are built into the valuation" - I agree. I'm just questioning the relationship(s) expressed here many times between falling US equities prices - (maybe not so good for gold), and the same for a falling AUD - it didn't help today, that's for sure, as the AUSD fell like a stone as the XAUAUD got ever higher.
XGD down over 1.5%, as XAUAUD approached highs not seen since early Feb, 2016.
Surely a Fed June hike is off the table.....it was never on the table....(if not for the entire year).
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