The market is not supporting that view.In history there is...

The market is not supporting that view.
In history there is nothing to suggest gold will out perform the market or move against market sentiment.
What is different now than 1980, 2008, 2016 gold correction? There is nothing in the world that will create bullish sentiment for gold.
We are in a worst position than the 1930s with a bottle of steroid debt. The economy is out of money and out of time.


Subjective.
Here are my numbers general asx.
share plrice x 0.7 revaluation bring earning to 8%
share price 0.7 recession loss of profits and discounting.
This would replicate world wide.

This effects gold because gold is sentiment based. If we have a liquidation gold will follow the sentiment

ASX 200 6,758.80
x0.7 4730 (note it was 4950 in 2016)
x0.7 3111 serious recession.

Summary
I am expecting a revaluation which is not quite there and following the revaluaton a recession. This recession will result in a liquidation of assets which are sentiment based such as gold. This revaluation has been fast tracked by inflation which is lifing interest rates and creating higher expectations in the market generally.