Today provided a good example of how the overall stock market and the $USD can move in the same direction. Common wisdom amongst all the pundits is that when stocks fall, the $USD rises like some automatic reflex, which then sends gold down.

In many short and long-term time periods, this premise is simply not true. Today provided an example, as around noontime "someone" wanted out of the dollar in a big way, yet this did not result from stocks rising or cause stocks to rise. Stocks stayed down the entire time the dollar was falling.

I am not claiming that it will never happen again. All I am saying is it is not a requirement. The overall stock market can and will move in the same direction as the $USD more often than not. It is simply that most people are only referencing the crash of 2008 as their only data point.

Anyway, here is a day to prove my point. So, please do not listen to the garbage spewed by the so-called experts who warn of this false automatic causation:

STOCKS FALL ---> DOLLAR RISES ---> GOLD FALLS = FALSE

Hysteria