I think there's a big correlation. In April 2011 when the USD...

I think there's a big correlation. In April 2011 when the USD was $1.10, it had done a parabolic rise that caught people unaware. Look what happened when the dollar retraced and re-hit $1.10 in late July. The XJO was 4540 and recovering, but then reversed and within 2 weeks, had hit 4000.

I remember travelling in 2008 and the USD was 0.98 and the Thai Baht 33. When I travelled this year, the Baht was back to 33 but the dollar was 1.08.

Equilibriums take a while to find. The first time there's a parabolic rise/drop, things usually get over bought/sold. Then when there's a correction, they get over sold/bought. Usually, by the 3rd time they're nearer to the mark. This is the 3rd time we're heading for 1.10 so the XJO is closer to the mark.

Watch what happens to the gold/silver stocks when gold/silver re-visit their highs this year. I bet they don't stop at their previous highs.