Agree with Randy..

So possibly if gold rises, stocks will move lower but more so, I’d flip that statement around and say that if stocks start to move lower first then gold is likely to rally as more of a flight-to-safety, with gold being the likely beneficiary/recipient of a good part of the money that will be coming out of stocks (although it is quite possible that the next leg down is stock will be more the result of a lack of buyers than a wave of sellers as stocks can fall due to either of those two factors or any combination thereof).

Chances are that a reversal in both stocks & gold will come with a reversal in the trend of the US Dollar so I’ll continue to monitor all three closely.