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The Dollar's Strengthening Cycle
Gold and TLT have been positively correlated since the rate hiking cycle started on and off. Dollar has been inversely correlated with that, so when yields go up, you know, dollar has been Strengthening. Do you think dollar would go down with the? Well, I always despise gold just because there's so many other better places to put your money and gold. So that's why I like treasuries more. You're better off in the treasury trade because it'll act rationally and there's not a sea of retail in there with a lot of leverage.