Sooner or later someone is going to have to explain what's happening in the GOLD MARKET.
The notion that the recent run in gold is an anomaly...and stocks are going to be going up business as usual is just not credible.

Clearly gold is saying: 1. INFLATION AHEAD or 2. THE DOLLAR IS GOING TO BE WEAKER.
Either of these scenarios would be bad for stocks...and bonds! And would require the new FED boss to raise rates much more than the market is not predicting...