I'm kind of confused by your reply. At first you make it sound like I'm out to lunch, and then you agree with me! LOL
What did I tell ya??? Down the gutter it goes and this is just the beginning. You haven't seen anything yet.
The aussie dollar has been weak for years but it sure translated into a nice gold chart in aussie dollars. AUDUSD
Didn't I tell ya to sell your kids and buy gold instead? I'm pretty sure I did. Honey, Lets Sell the Kids and Buy Gold https://www.elitetrader.com/et/threads/honey-lets-sell-the-kids-and-buy-gold.379563/ Where gold was trading when the thread got a new life. (See that arrow? Hard to miss.)
Falling USD just means fund flows are diversifying into global markets. Falling USD means you get better returns from Europe & Asia. Sometimes Latin America but they are so heavily commodity export driven so it depends on what commodities are rising or falling. Rising USD means the global economy is contracting & funds flowing into US since it is the reserve currency so it is seen as stable. The same reason sovereign bonds rise & junk bond spreads widen during times of crisis. These things are normally true. This time it does seem like a no confidence vote for Trump's policies. So it's hard to tell for sure the effect on equity markets. The austerity program Trump wants for the US will wreck the markets since it is so heavily reliant free money from the government. Defense stocks, retailers reliant on EBT & HMOs reliant on Medicare will collapse. Whatever happens Gold & Silver should skyrocket, however they have already gone up a lot so they may not go up a lot more.