There's a history of central bankers not being good traders. Central bankers will look upon their recent sales as stupid years later.
In times of crisis, investors / fund managers ... hedge using gold. Also In times of crisis, investors / fund managers ... hedge using USD. Result? gold/USD chart becomes very chaotic. So? Simply do day trading.
It's heating up now. NEM is also looking to break out of a 15 year base. It should be a face ripper. Gold's performance this week - I may have to rename my handle. I'm also dumping my copper. It was a good run, but things are lining up for gold and silver to be the front running commodity right now. By a country mile. Lets see if this breakout holds. The setup is there. Defensive assets are getting a bid.
Oh Baby! Gold has has finally broken away from bonds over the last couple of days. My guess is the 10 year starts to tank and takes equities with it.