Golden rocket departs atmosphere

AUD gold is blasting along at new record highs today  at $2240 give or take:

Miners whoa:

Making BTC look boring, though it is hanging onto its gold link:

There’s no end in immediate sight but I remain quite concerned that the rally will reverse quickly if we enter true risk off complete with a stock rout and big DXY safe haven bid.

That said, those riding the rocket up now could take the opportunity of that correction to load up some more for the next cycle of Fed largesse and falling DXY.

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