A graph of things relating to gold. I say "relating to" because on many occasions gold moves first and then overshoots. Therefore gold breakout can trigger an open gold trade and tops in 'things' can inform closing the gold trade (I'm talking 1 to 3 year timescales).
Here I compare the US10Y-US02Y with Fed Funds Rate (and cutting Periods) with Rate of Change in the Money Supply (M2) relative to gold price (post yr 2000). In the last three rate cutting periods US10Y-US02Y increases, Rate of Change in the Money Supply (M2) increases and Gold increases.
Next I consider the relationship between M2 and Gold using the Gold/M2...
