Everyone has it wrong...

People think that gold (and silver) are rallying because the U.S. Dollar is getting weaker... but the reality is much more significant.

Gold is going exponential relative to ALL currencies.

And I can prove it in this chart of gold * DXY, which prices gold in a basket of global currencies.

In fact, it's getting close to achieving a measured move target extension, equal to the same percent gains from the 1999 to 2011 bull market.

That bull market lasted for ~12 years.

The current bull market (priced in global currencies) is 12 years old.

What do they say about history rhyming?

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