The us $ is far from going straight down. Everyone & their grandmother knows that the time for the dollar is over & yet the dollar has been going up.
Here is the reason that no one is telling you.
As a nation we are consuming more then we are producing. When we consume what we are really doing is shorting the dollar that is that when we spend dollars that we don’t have we are shorting the dollar. So when we repay those dollars we are now buying back these dollars that we shorted. So when we repay our credot cards & reduce the mortgage & when the bank does not issue a new load all that this is doing is going long the dollar. There are other things going on as well as to why the dollar is going up but let me tell you that it is NOT because other country’s are weaker that ours.
In short this is why gold has not gone down while the dollar has been stronger. On the flip side gold will not go up now when the dollar gets weaker. You see gold reacts to the dollar only & when the dollar is moving because of its currency status. This move going on now is a re balancing of dollars so this does not affect the price of gold.

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