It would appear so and one can only hope.
Interesting to note that as the USDX had a higher Peak, gold had a higher Trough. I should have noticed this but at the time it is very difficult to expect USDX to rotate back down so aggressively.
I refer back to @Happycat posting in the past I think or was it yourself that gold/silver ratio can give clues to a reversing gold price. I was watching a video of the Casey report where one of their fund managers were specifically talking about this ratio at some extreme point and pointing to the fact it is time to be buying down trodden gold stocks as the best return on potential.
Perhaps you can explain more on this ratio and the logic behind it. Cheers.
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