Metzenbaum Scissors

Commodities Gone Wild

Gold tripling in six years in non-inflation-adjusted (!) US$ (!!) makes a parabola, yes. It's a parabola in Zimbabwean dollars, too.

Price it in a strong currency, adjust for inflation, use a log scale, and its a lot less creepy. Like this, it's just a double:
stockcharts.com/h-sc/u...=$GOLD:$CDW&p=W&am...
I won't own miners b/c they go first when the margin calls come in. With bullion, ya just get more US$ that don't buy any more than they used to...

Commodity ETFs Overbought; Gold Least So

And I say, also, enough with the std deviations. Sorry to say, Bespoke, you are far from the standards of insight expected on Alpha. headlines, you are good at; analysis, not so much.