You are pathetic. You know very well I corrected you for misunderstanding how to interpret the correlation coefficient. You learn from my lesson then make a feeble attempt to discredit others on a statistic that you clearly have little understanding.
Pick your timeframe. 1980 to present day, a coefficient of -0.65. While less strong that the recent -0.90 anything to the right of -0.50 (or the left of +50) is a strong correlation.
Gold tends to move opposite to interest rates. Interest rates will rebound and when they do gold will plummet - very fast.
I'm patient and I short Gold when I see the sign.
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