Nobody "knows" the future. Some things are instant and dramatic. Getting run over by a bus springs to mind......Totally unpredictable! (unless you're accident prone) Other things can happen in slow motion.
The "correction" in the US enchange rates/gold price is a slow motion event, but having time to think about it does not make prediction easier. America sneezes, Oz catches cold!!! All I know is that I don't know, and that I sure as ell aint putting all my ante in any one investment class.
Keep your powder dry and stay nimble on your feet.
I'm not so sure that is so correct anymore, if you look at the XJO it's been going up, a lot the last yr while if you look at the DOW its been going down for a yr.
Does this reflect money flow from property to shares and does this have some bearing on the question posed? Best time to buy when money is going else where?