Watch the $USD. The powers-that-be, including but not limited to other countries that can’t afford to continue to have their currencies continue to appreciate against the $USD as that hurts their exports to the US, are likely to step in & take measures to prop up the Dollar & knock down the Euro & Yen.

If, nay… when it becomes clear to the masses that the slide in the Dollar is over, at least for the foreseeable future, there will likely be an increasingly crowded rush for the exits in gold. As of now, gold is still in what appears to be a buying climax/blow-off top several big recent gaps in GLD that are likely to get smashed through once the turn is in, assuming it comes soon.

aye

Jay Powell?

for what