Guidance on gold moves.

Uncommon Wisdom came out with a flash alert this week.

1. For the first time the Analyst was wrong about forecasting a gold move;
2. Gold will re-enter the rally if it closes above 1,453.

My take.

We see a divergence between the DJI and gold prices: the DJI is dropping while gold is going up. Frankly, I have expected this umpteen posts ago, i. e. a divergence between the DJI and the gold price. What this means is twofold: 1. factors that propel ll gold prices are stronger than anticipated by Uncommon Wisdom. In fact he was right about the drop in gold prices, but the drop was not as deep as the equations predicted; 2. the artificial deflation created by the Obama regime to keep inflation down is no longer sufficient to keep inflation down or gold prices from appreciating. The Market expects oil prices to go up and inflation with it. The dollar is dropping, so the Markets are now in sinq. At least, for a while.