Greg,
Appreciate your analysis as always, but please consider that the USD is currently heading into its Yearly Cycle Low. On the daily we're below the bottom bollinger band, and we know what that means.....I think we're going to see a jolt higher in the dollar and a jolt lower in commodities. Gold and especially Silver probably would not rally initially in a market meltdown.....and capital would seek safe haven in the USD. Just my opinions good sir.