by Hubert Moolman
The US Dollar index is not a true measure of value of the US dollar. It just tracks an “exchange rate” between the US dollar and a basket of significant fiat currencies.
For a true measure of value of the US dollar it is better to look to Gold and Silver. However, there is a relationship between significant Gold rallies and the US Dollar index.
Gold has a tendency to rally at a certain time in a US Dollar index long-term cycle. Previously, I have looked at significant Silver rallies, relative to the US Dollar long-term cycle. Here, I would like to look at Gold.
Here is a long-term chart of the US Dollar index: