@bda2206I agree with the thrust of the point you are making -...

@bda2206

I agree with the thrust of the point you are making - but that chart is a mislead

Gold - if that's your measure - typically sells off fairly sharply into peak broad index selloffs

But it falls relatively less than broad shares - and tends to race higher once the most extreme early stage down days are behind

historically - if you think a major dji correction is near - its best to buy gold during the event

But the whole argument is possibly flawed

- BML is a company not a precious metal spot price

Quite possible for stocks to stay steady or move higher precisely in anticipation of all the above - especially if theyre already at technically oversold levels

Historically gold typically rises sharply before a major DJI selloff - falls int he event - races up after

In the current context I would expect silver to do likewise as its now in persistent monetary demand for the first time in 50 years