Lesson #1: Investors don't mind a correlation of one across asset classes when everything goes up.
I think when everything goes up like this, it makes more sense to just say "Today the dollar lost a lot of value".
It is nirvana! All we need do is QE X infinity and we are all rich! Who needs a job! Why hasn't anyone figured this out before? Signed,confused, bemused, but long gold and silver so thoroughly amused.