Pretzel Logic

More Correlations: Oil and the Dollar (and Gold)

Thanks for the excellent charts. I just had to chuckle about this sentence, though: "gold bugs who believe the Dollar will continue to gain strength might bear this in mind."

That's almost an oxymoron. Most of the goldbugs I know think the dollar is suitable only for toilet paper, and will NEVER get their heads around a fiat currency -- even in the face of overwhelming technical evidence that the trend is reversing, at least for the short/intermediate term. :)