Like if the dollar was going up, while oil cracked, and GLD and both the indexes went down that would make more sense to me, but it seems like sector rotation right now and i cant figure out whats going to be hot next right now.
It seems to me that the DX and GC would be opposing each other. I have not been able to follow the DX basket vs. gold, so have no input on that. But CL? Hmm!! We got a $2.50 rebound from the bottom of a couple weeks ago. The $5 bounce up from $42.xx seems reasonable by X-Mas, still. At this point the only commod I would go long in for a really long term is GC. Haven it. And it seems to be at a decent price! Like $1,210 per ounce. Seems a bargain for a haven asset. And when this X-Mas comes around? GC should shoot the moon. Bang, zoom.
