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Nonsense from the WSJ on Gold vs the US Dollar
Mainstream media is continually wrong about the relationship between gold and the dollar. Another example came up today in the as the Wall Street Journal discusses the "traditional relationship" between gold and the dollar in Gold Prices Hit Record as Dollar Drops. The number of errors in the article is staggering. “You’re seeing money slipping out of the stock market or out of other assets and just eking into gold,” said David Govett, head of precious metals at commodities brokerage Marex Spectron. "Gold’s traditional inverse relationship with the dollar had frayed this year, as both assets benefited from ... (full story)
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