Gold A "Safe Haven" In This Market Decline?

trader99 said:
There should be an inverse correlation between USD and Gold prices.
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There is, gold has several correlations, but all are temporary. Gold has no reliable correlation to anything on a long term basis that I know of.
Gold fwiw, has a mind of its own.
 
themickey said:
There is, gold has several correlations, but all are temporary. Gold has no reliable correlation to anything on a long term basis that I know of.
Gold fwiw, has a mind of its own.
More...

Yep. These are correlations, after all, and not causation. Correlations can be fleeting else it's too obvious and everyone can consistently exploit it.
 
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