If the Game is rigged by Fraudsters, why would you want to...

If the Game is rigged by Fraudsters, why would you want to play?

Does the POG move inversely to the DXY? Not necessarily. The POG is most closely linked to the inversed real interest rates of US Treasury Bonds. However, the DXY is certainly influenced by US T Bond yields.

In Jun21, China said they would attack commodity price inflation.

It was around this time that Oz Gold Equities seemed to become loveless.

A Fin Rev article today about everyone becoming a US$ bull. Another about the "influence" of large investment houses like the Vanguard Group and Blackrock have on the ASX.

Interesting to see the resurgence of Oz Gold Equities share prices recently. I mean the Gold price has done nothing. It started the past quarter around US$1,800 and now dawdles around US$1,750. Worse in A$:




It isn't the POG that is moving Oz Gold Equities share prices. So what is?

Taper talk? Taper expectation?




Certainly large speculators are betting on a higher DXY most likely from higher US T Bond yields. A risk off investment environment.

I'm out of Oz Gold Equities now ... for the moment. Ultimately I see the US Fed going from predetermined QE to as needed, on demand QE.

I'm now largely cash and expecting a correction in world financial markets. Will they blame an expanding China crisis? Powell's talk early Nov21 looking very decisive.


https://www.youtube.com/watch?v=WTWcbaXS-ZU