### Comment:
Thanks brethren. Yeah I understand that it doesn't behave on an inverse correlation with SPY (or any one particular index) - just seems to me that these are typically the conditions (cumulatively) under which we'd see a pop in a safe haven...or at least a flat move...but this drop confuses me. Uncertainty = not extreme enough??

### REPLY:
Yep. It’s not like July 2018, Feb 2019 levels where no trade deal was likely. Kinda in the moderate zone where it could go anywhere from here. Gold is best used in recession scenarios or fear-of-recession scenarios

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