DXY is just a basket of 6 different currencies mostly dominated by the Euro. So the DXY isn't really measuring anything, it's green apples vs yellow apples vs red apples and they are all rotten. The numbers on the screen are fake, they are not measuring anything anymore.

When the dollar is worthless and all other fiats are worthless the DXY will still be sitting at 100 on your screen like nothing is wrong.

All these currencies are devaluing at the same rate - some get ahead/behind each other at times. Especially after 2000 on that chart, the game really changed then. Now that most are up against -close to close enough to- the zero bound their game has ended.

Metals are finally moving for the same reason all commodities will eventually move, decaying fiat globally. It's just a mad grab for hard assets now since we're at the end of the interest rate/fiat game.

The money is so bad we cannot price an inert metal properly. The metals futures markets are permanently broken because they are not a hedge anymore, the fiat contracts do not represent the underlying hard asset. The contract is the same, and the metals are the same but the fiat is not the same.

The DXY is the only thing that says the fiat has not changed.

The metals now, then the softs. We're in for a prolonged bull market across all commodities. The hardest commodities are the most sensitive GC, SI, PL, HG then Oil and softs will really get in their bag late 26 early 27. Then when prices of everything *seriously* rise from commodity inflation people will scratch their heads and buy #bitcoin .

The pernicious part is that prices may rise but the real problem will be supply of goods. You're going to see on the screen gold costs 10k but there won't be an oz for sale anywhere. So it's going to be less costs of goods and more supply of goods. Things just won't be for sale.